Thursday, September 13, 2012

Everest's Milwaukee campus to close

Less than two years after it opened its doors, Everest College is closing its Milwaukee campus.

AFT Local 212, Alderwoman Milele Coggs, the Hillside Residence Council and MATC's District Board Chairwoman, Ann Wilson, fought to prevent Everest from setting up shop in Milwaukee because it preys on low-income students.

We warned the city officials courting Everest that it had abysmal job placement, drop-out  and graduation rates; that its student financial aid default rate was among the nation's worst; and that its credits did not transfer to most legitimate colleges and universities.

But there was too much money at stake, for Everest headquarters, Corinthian College Inc. and its stock holders, the Milwaukee developer, Dan Druml, and the lawyers and public relations firms that  made money on the Everest Project.

Rather than heed our warnings Everest boosters accused us of fearing competition. But Everest never posed a threat to MATC or any other legitimate institution of higher education because it is nothing more than a diploma mill.

Everest was a danger, however, to the students that it lured into taking out huge loans for inadequate programs and a job placement record of less than 10%. Our opposition to Everest was motivated by a sincere desire to protect the low income and minority students it sought to exploit.

In the end, a lot of folks made money off Everest short-lived stay. But its students, as we predicted, were the losers. They are left with little more than broken dreams, huge debts and credits that do not transfer.

There is much more about this sordid affair than appeared in the Milwaukee Journal Sentinel article. It will come out shortly. So stay tuned.

Dan Bice's article on the closing is linked here.


91 comments:

Anonymous said...

Dan Druml is a very charming man. He has built his Paul Davis Restoration and Remodeling franchise into the largest of all 230 offices. Unfortunately Mr. Druml's charm rubs off with a damp cloth.
His franchise has been taken to court over 300 times. By changing the name of the franchise several times it is hard to track but all of them occurred under Druml's ownership.
Is it a surprise it was his development company lobbing heavily to bring a known college scam to our community?
Dan Druml's business practices are nothing new, his kind can be found under nearly any rock.

Anonymous said...

I'm one of the students at the campus and I'm very upset about it. Soon as they told us in the big school meeting. Ms matty left right along with other employees that made it more comfortable for me to attend daily and I had a great attendance record

Anonymous said...

Me along with other students graduated in June and most of us have jobs. I'm sad for the new students.. But every since people been leaving or fired at the drop of a peice of dust... We knew something else was goin on... Sad indeed.

Anonymous said...

I was surprised when Everest moved in where they did considering that area has been dilapidated for years and NOBODY is building there. I must admit the area looks nice with the changes they made, but there was just one small problem with their business plan: Milwaukee students.

Ms. Peavy said...

Everest have took me through the Blues and I am "FED UP" with it. I started the school with the intention to learn and reach my goal and buy going to this school I thought I was going to do that, but i was really wrong, they don't have hardley no communication with they students, the only time they get intouch with you is about money and that is that. They post to help me get an intership in order to graduate, they have not did anything for me but took me through hell and back for 1 year without me getting anywhere but in debt. If someone is getting a lawsuit going against them Please let me know.

Anonymous said...

Ms Peavy, might I suggest a remedial English class at MATC? That might help get that internship that you desire.
Then find out who forged your name on the Everest School Application.
Finally try to find a college course in personal responsibility.

Anonymous said...

hope this does not happen at the Everest College I attend. This is sad. Sign me as A PROUD EVEREST STUDENT IN THE USA.

Anonymous said...

And now what happens with the students that graduated in oct a year ago and still dont have nothin no job, just the big loans that are under our name.... We should not have to pay that and have the money returned to us the one we already paid

Anonymous said...

RIGHT! My gosh! Lmao! Come on now you know what Ms. Peavy was trying to say... you was "post" to play along Lmao!

Anonymous said...

My Fiance stopped going a few months back after feeling like the education was sub-standard! He has a felony and Everest WAS NOT upfront with him about the difficulty he would have in finding a job, any job, let alone the HEALTHCARE field. I do think a class action lawsuit should be filed. It was done in other states against Everest. If anybody is interested in looking into this with me or has information that one has been started please call me 414 551-8692

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