The American Higher School of Tirana (), also incorrectly referred to as "American University of Tirana" (Albanian: "Universiteti Amerikan i Tiranës"), (UAT), is a defunct

Higher education institution Higher education is tertiary education leading to award of an academic degree. Higher education, also called post-secondary education, third-level or tertiary education, is an optional final stage of formal learning that occurs after completi ...

(HEI) in

Tirana Tirana ( , ; aln, Tirona) is the capital and largest city of Albania. It is located in the centre of the country, enclosed by mountains and hills with Dajti rising to the east and a slight valley to the northwest overlooking the Adriatic Sea ...

Albania Albania ( ; sq, Shqipëri or ), or , also or . officially the Republic of Albania ( sq, Republika e Shqipërisë), is a country in Southeastern Europe. It is located on the Adriatic and Ionian Seas within the Mediterranean Sea and shares ...

. On 6 August 2014 its licence was permanently revoked by the Albanian Ministry of Education and Sports (MAS), through decision no. 539 of the Albanian Council of Ministers, for not fulfilling the minimum legal requirements of higher education. The Albanian state authorities often compared the closed HEIs to

Ponzi scheme A Ponzi scheme (, ) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. Named after Italian businessman Charles Ponzi, the scheme leads victims to believe that profits are comin ...

s, which have caused "extraordinary financial damage" to Albanian students and their parents.Peleshi, Niko
"Qeveria, fund piramidave në arsim"
. Tirana, 6 August 2014. The cessation of the American Higher School of Tirana, also meant the end of the Albanian American Education Group (AAEG). The other two member companies of this group, namely

Medicom Chloramphenicol is an antibiotic useful for the treatment of a number of bacterial infections. This includes use as an eye ointment to treat conjunctivitis. By mouth or by injection into a vein, it is used to treat meningitis, plague, cholera, a ...

and the American College of Tirana (Albanian: Kolegji Amerikan i Tiranës) (ACT) are also defunct. Medicom's licence was permanently revoked by the same decision of MAS, on 6 August 2014. ACT, which was a primary and secondary education private school in Tirana, went bankrupt in 2013, after months of not paying its staff.

References

See also