South University is on 12 months probation with the Southern Association of Colleges and Schools accrediting agency (SACS) and sale of its parent company, Education Management Corporation (EDMC), is pending.
The issues began after EDMC purchased South University in 2003 and amassed 107 for-profit art, business, health, law and online colleges across the nation. Within eight years EDMC became embroiled in a predatory recruitment and loan scandal and profits plummeted.
