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Argosy University was a Private university with campuses throughout the United States owned by Dream Center Education Holdings (DCEH), LLC and Education Management Corporation. On February 27, 2019, the U.S. Department of Education stated that they were cutting off federal funding to Argosy University. [2]
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In 2004, Argosy was acquired by Penn National Gaming (now Penn Entertainment). In June 2009, Penn National unveiled a much larger riverboat with a passenger capacity of nearly 9,000 guests and 4,400 gaming positions. The new boat also marked the changeover from the Argosy name to Penn National's primary brand, Hollywood Casino.
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In 2022, the EDMC schools Argosy University, The Art Institutes, Brown Mackie College, and South University were among 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers, assisted by the Project on Predatory Student Lending, part of the ...
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Board of directors. Jeneye Abele, Chris Abele, Alex Abele, John Abele, Mary Abele. Key people. Jeneye Abele, President and Chief Executive [1] Formerly called. Abele Family Charitable Trust. The Argosy Foundation, founded in 1997, [2] is currently based in Milwaukee, Wisconsin. [3] It was formerly known as the Abele Family Charitable Trust.