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South University history
South University company history timeline
South University was founded in Savannah, Georgia, in 1899 as Draughan's Practical Business College.
The South family acquired the institution in 1974, and changed its name to Draughan's Junior College.
The institution's name change to South College resulted in a 2002 legal dispute with Sewanee: The University of the South, which had registered the name "The University of the South" with the United States Patent Office.
In 2003, Education Management Corporation (EDMC) acquired South University.
The following year, the university expanded from its main campus in Savannah, Georgia, to include eleven other campus locations across the United States and began offering online courses in 2004.
In 2015, EDMC, South University's former parent company, agreed to forgive more than $100.8 million in student loan debt held by more than 80,000 former students.
South University's Savannah campus (which includes its online students) celebrated its largest graduating class in the institution's history in June 2017, when more than 3,500 students received degrees.
On October 17, 2017, the university's former parent company, Education Management Corporation, reported that it had sold its schools to the Los Angeles-based Dream Center Foundation, a non-profit organization.
The court appointed receiver, Studio Enterprise, and the university had until April 11, 2019 to negotiate to separate South & remaining Art Institute schools from the Dream Center Education IT Platform by September 11, 2019.
In 2019 South University fired a large majority of their workforce including the online support staff located in Chandler, Arizona, closing the site.
In 2020, South University received $7,726,170 in federal funding under the CARES Act.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Elon University | 1889 | $289.4M | 2,872 | 44 |
| Florida A&M University | 1887 | $124.5M | 2,429 | 40 |
| Midland College | 1972 | $17.6M | 633 | 90 |
| Christian Brothers University | 1871 | $50.0M | 650 | 3 |
| Aurora University | 1893 | $114.8M | 1,186 | - |
| Lenoir-Rhyne University | 1891 | $30.0M | 719 | 2 |
| University of Findlay | 1882 | $92.5M | 1,225 | 28 |
| University of Montevallo | 1896 | $42.4M | 686 | 32 |
| Franciscan Missionaries of Our Lady University | 1923 | $22.3M | 128 | 466 |
| Strayer University | 1924 | - | 1,855 | 8 |
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Zippia gives an in-depth look into the details of South University, including salaries, political affiliations, employee data, and more, in order to inform job seekers about South University. The employee data is based on information from people who have self-reported their past or current employments at South University. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by South University. The data presented on this page does not represent the view of South University and its employees or that of Zippia.
South University may also be known as or be related to Art Institute of Dallas and South University, South University, South University, Columbia and South University-Savannah.