“I feel like I was set up to fail”: Inside a for-profit college nightmare

Jaqueta chose the Art Institute of Pittsburgh’s online program in graphic design. While Everest generally accepts all but a few students, the Art Institute is usually more selective. The school says that fewer than half of all applicants gain admission to its regular programs. Slightly less than one in four are turned down for a spot in an online program.

“Every applicant to The Art Institute of Pittsburgh—Online Division (AIP) must meet several requirements for admission based on the degree program they would like to pursue,” says Natalia Derevyanny, a spokesperson for the Art Institute. “Each application is reviewed by the Admissions Committee, who base admission on a number of factors, including grade point average, admissions essay and, for some areas of study, a portfolio.”

Jaqueta made the cut.

“I asked them ‘what do I have to do to get in?’” she recounts. “They said, ‘Just fill out the FAFSA and pick your program.’”

The Art Institutes is the largest school within the assortment of schools owned by Education Management Inc. When its campuses are counted as a whole, Education Management is the second-largest university in the United States, ranking only behind the Apollo Corporation. It counted a student body of 127,360 at the end of June 2013. Private equity firms own the majority of the common stock of Education Management Corporation. Various entities within Goldman Sachs own 49.5 percent of the company’s common stock and Providence Equity Partners, a private equity firm in Rhode Island, holds another 37 percent.

Leave a Reply

Your email address will not be published. Required fields are marked *