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Education for Sale

Number 25419
Subject Education
Source Huffington Post
State NY
Year 2011
Publication Date March 9, June 16, July 29, Oct 14, Dec 30
Summary Education Management Corp. was already a swiftly growing player in the lucrative world of for-profit higher education, with annual revenues topping $1 billion, but it had its sights set on industry domination. So, five years ago, the Pittsburgh company's executives agreed to sell its portfolio of more than 70 colleges to a trio of investment partnerships for $3.4 billion, securing the needed capital for an aggressive national expansion.
Category Contest Entry
Pages 56
Keywords Education Industry; For-Profit; Goldman Sachs
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