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Education Management Corporation Announces Extension of Exchange Offer

PITTSBURGH, Dec. 21, 2014 /PRNewswire/ — Education Management Corporation (“EDMC” and together with its consolidated subsidiaries, the “Company”) announced today that it has extended until 5:00 p.m., New York City time, on December 26, 2014 the expiration date (such date and time, as the same may be further extended, the “New Expiration Date”) for its previously announced private offer to …

In Mississippi, education money gap grows to $1.5B

DURANT, Miss. (AP) — In a state with a long history of lousy education, and a bad habit of not paying for it, nowhere is the problem more profound than in this tiny town in the middle of Mississippi.