Education Management Corporation: Operator of Higher Education Systems

Although currently in deep financial problems, Education Management Corporation continues to provide the best education they can deliver to its students through its four higher education systems. The business is based in Pittsburgh, Pennsylvania.

Created in 1962, the business is owned in part by Goldman Sachs, who currently has about 43% voting stake in the venture. As of, there are about 110 schools that the company operates, although it has significantly cut off about 2,600 positions across its managed universities. Its education systems include the South University, Argosy University, Brown Mackie College and The Art Institutes. In total, they have about 120,920 students who are currently enrolled in their numerous degree programs.

With over 23,000 associates currently employed, the business continues to survive in the education industry. By the end of the last quarter of 2014, Education Management Corporation is slated to be delisted from the NASDAQ, where it publicly trades under the symbol EDMC.