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Argosy University’s students worry amid school’s financial problems

Friday, March 1, 2019
Eric Stirgus | The Atlanta Journal-Constitution
Yasmin Farahi

Many Atlanta-area students taking courses at a for-profit university are worried about its future because the school’s parent company is in financial trouble and they say officials are sharing scant information about the situation.

Those concerns grew after federal education officials announced Wednesday they are giving the school, Argosy University, two weeks to show why it should continue to participate in federal student aid programs.

Many schools that have been dropped from the aid programs have folded, and students often have trouble transferring their credits to another school, experts say.

“It really puts students in a bad situation,” said Yasmin Farahi, policy counsel for the Center for Responsible Lending, an organization which has raised concerns about how for-profits operate and are regulated.

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