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Update

NSLDN Statement on Dream Center Receivership

WASHINGTON, DC – National Student Legal Defense Network President Aaron Ament issued a statement today after a federal court hearing on the receivership of Dream Center Education Holdings, parent company of Argosy University and the Art Institutes. 

Attributable to Aaron Ament, President, National Student Legal Defense Network:

“Today the court indicated it will maintain the Dream Center receivership for a limited time, to ensure the company’s legacy computer systems remain available to the spun-off South University and Art Institute schools that are still in operation.

“We continue to have grave concerns for our clients and all Dream Center students. It is vital that the Department of Education and state agencies immediately use every tool at their disposal to help the students affected by this failure. The Department must also move quickly to ensure that Dream Center's corporate owners and executives pay for the damages that they have caused.  

“The National Student Legal Defense Network will continue fighting in court to protect the rights of students who were harmed by this company’s deception. We will also work to answer pressing questions about why students’ funds were misappropriated in the first place, who approved those transactions, and who must be held accountable.”

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The National Student Legal Defense Network (NSLDN) is a non-partisan, non-profit 501(c)(3) organization that works, through litigation and advocacy, to advance students’ rights to educational opportunity and to ensure that higher education provides a launching point for economic mobility.

Tags   Litigation