More than 50 Occupy Miami members gathered in front of an open house at the Miami International Art Institute on Saturday, before later heading to Bayfront Park in Downtown Miami.
Occupy Miami member Misael Soto said the purpose of the rally today was "In support of bank transfer day and locally in conjunction with protests against the banks, protesting against the [Miami International] Art Institute."
"Goldman Sacs holds 41 percent stake in Education Management Corporation, the second largest owner and operator of for-profit educational institutions, such as the [Miami International] Art Institute, which takes part in ridiculous student lending practices," Soto said.
On the group's Facebook page, they called Saturday's protest a "Demonstration against the corruption of our education."
Education Management is being sued by former employees who said the company allegedly disregarded a federal government ban on paying commission to recruiters in order to admit students, the Herald reported.
While the U.S. Justice Department has joined the suit, Education Management has denied the claims against them, according to the Herald.
The Occupy Wall Street demonstration started out small in September, with less than a dozen college students spending days and nights in Zucotti Park, a private plaza off Broadway. It has grown significantly, however, both in New York City and elsewhere as people in other communities display their solidarity in similar protests.
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The event has drawn protestors of diverse ages and occupations who are speaking out against corporate greed, social inequality, global climate and other concerns.
