There’s been no information from local Argosy University staff but in Hawaii state officials yesterday issued an urgent message to Argosy University students, advising them to get their affairs in order ahead of the potential closure of the campus.
“The prudent thing for students to do is to act now. Get their transcripts while the school is open and there’s still employees around to help them,” said Jayson Horiuchi, Department of Commerce and Consumer Affairs (DCCA) Hawaii Post-Secondary Education Authorization Program Specialist.
Alvin Javier is one of those students.
He is currently an electrical engineer and hoping to receive a Master of Business Administration in May.
Javiar told Hawaii News Now, “It is a little concerning.
“I know myself and a lot of the students at Argosty University are pretty worried about what’s going to happen. It is kind of scary to think about the university abruptly closing at any time.”
Dream Center Education Holdings, the university’s parent company, filed for receivership in federal court last month.
Receivership is a bankruptcy procedure in which the court could appoint a third party to assume control of the university’s assets.
As a result, Argosy’s accrediting agency has put the school on ‘show cause’ status, which could result in the termination of the campus’ accreditation.
In the event that the school loses accreditation, or that the campus closes entirely, the DCCA is asking students to get their academic, financial and educational records from the institution ‘as soon as possible.’
