Posts Tagged ‘scholarships’

Dennis Herrera Throws Down: Reaches $4.4 Million Settlement with California Art Institute – Students Getting Cash

Tuesday, June 17th, 2014

The News of the Day, re: Argosy University:

“Herrera reaches $4.4 million agreement in dispute over for-profit college’s marketing. California Art Institutes’ ownership to settle for $1.95 million; fund returning student and new student scholarships; and re-calculate graduation and job placement rates

SAN FRANCISCO (June 17, 2014) – City Attorney Dennis Herrera today settled an unlitigated claim against California Art Institutes’ parent company in a consumer protection dispute over marketing tactics that allegedly underestimated program costs for students and inflated job placement figures for graduates.

Under terms of the agreement with Educational Management Corporation, the Pittsburgh-based for-profit educational provider will pay San Francisco $1.95 million to settle the dispute; endow a $1.6 million scholarship fund for non-graduating California Art Institute students who wish to return to finish their studies; and offer $850,000 in general scholarships to new students.  The agreement—formally an “Assurance of Voluntary Compliance” that is legally binding and enforceable in court—includes provisions for a sweeping array of reforms to Educational Management Corporation’s marketing and reporting practices.  The accord, which avoids litigation, includes no admissions of wrongdoing.

“I hope this agreement is a bellwether for other for-profit colleges, highlighting the need to fully inform students about their education costs and job placement prospects,” said Herrera.  “In a workplace where so much depends on education and training, students deserve accurate information about the schools they attend—and that’s exactly what California law requires.  I applaud Educational Management Corporation for its industry leadership in working with us cooperatively and productively.  They’ve shown a commendable willingness to address concerns about their current and former students, and to avoid similar problems moving forward.”

The $1.6 million Returning Student Scholarship Fund will be distributed to students who withdrew from California Art Institute programs between 2009 and today, and will be available to returning students for five years or until it is exhausted.  EDMC and the City Attorney’s Office will work together to publicize the fund to reach out to eligible former students.  EDMC has also agreed to new methods of calculating the percentage of enrolling students that graduate with degrees, and the percentages of students that are employed and that are employed within their field of study; and to publicize those recalculated figures in their promotional materials.  The school also agreed to train advisors to counsel students on the long term effects of student loan debt and default.

As is common with Assurances of Voluntary Compliance reached outside of litigation, the agreement also includes enforcement provisions that compel EDMC to notify the City Attorney of any breaches of the agreement on its part, and a stipulation that a material violation by EDMC will be considered evidence of an unfair business practice that the City could make the subject of a future lawsuit.”

Mercedes Fights Back Against Audi Ave. (nee Powell St.): SL’s Take Over Fort Point Under the Golden Gate Bridge

Thursday, June 16th, 2011

You know what makes your Mercedes (and ergo, you) the best? Do you know what makes your MB better than competing products that are screwed together somewhat better (BMW, Audi, Porsche) or much better (Lexus, Infiniti)?

It’s heritage, baby. You can buy a street, sort of, but you can’t buy heritage.

Here’s a new photo of 1950′s bling bling and a press release to remind you of that fact:

Click to expand

And guess what, your Department of Rec and Park is hawking cars now.

Check it:

Gull Wing Group and Mercedes-Benz USA Recreate Historical San Francisco Image for 50 Year Milestone
Anniversary Event Marked by 125 Scholarship Donations for Children to Attend SF Rec and Park’s Summer Camp

MONTVALE, N.J., June 16, 2011 — The Gull Wing Group reaches its golden anniversary and is marking the 50 year milestone with Mercedes-Benz USA by recreating one of the group’s most famous photos taken in 1961 at Fort Point Park overlooking the Golden Gate Bridge in San Francisco, California.

In honor of the Gull Wing Group’s milestone, Mercedes-Benz USA is donating 125 scholarships to provide children with the opportunity to participate in the  San Francisco Recreation and Park Department‘s unique summer educational programs designed to accentuate personal responsibility and initiative, and encourage children to pursue preservation in the future of America’s national parks.

“The Gull Wing vehicle represents Mercedes-Benz leadership in style, design and performance, and this anniversary allows us a moment to celebrate the history of that legacy created over fifty years ago,” said Steve Cannon, Vice President of Marketing, Mercedes-Benz USA. “As we look back, we also have to look to the future and that was our intention with the donation to provide San Francisco kids with the opportunity to attend summer camp through the Recreation and Parks Department program.”

Founded in San Francisco, California on June 16, 1961 The Gull Wing Group, led by Ernie Spitzer, was comprised of eighteen 300 SL Coupe owners.  Currently over 600 driving enthusiasts dedicated to sharing their knowledge and enjoyment of the 300 SL belong to the Group.  On June 10, 2011 – almost 50 years after an original photo was taken to mark the beginning of the Gull Wing Group’s existence – close to 100 members comprised of 24 Gull Wings and 14 Roadsters, are recreating the image by revisiting the very same spot in Fort Point Park, a National Historic Site run by the U.S. National Park Service.

It goes on, look after the jump for what Phil Ginsburg has to say…

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