Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  GOLDMAN SACHS GROUP INC
2. Date of Event Requiring Statement (Month/Day/Year)
10/01/2009
3. Issuer Name and Ticker or Trading Symbol
EDUCATION MANAGEMENT CORPORATION [EDMC]
(Last)
(First)
(Middle)
85 BROAD ST
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10004
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 54,268,701
I
See footnotes (1) (2) (3) (4) (5) (6)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GOLDMAN SACHS GROUP INC
85 BROAD ST
NEW YORK, NY 10004
    X    
GOLDMAN SACHS & CO
85 BROAD STREET
NEW YORK, NY 10004
    X    
GS CAPITAL PARTNERS V FUND LP
85 BROAD STREET
NEW YORK, NY 10004
    X    
GS CAPITAL PARTNERS V OFFSHORE FUND LP
85 BROAD STREET
NEW YORK, NY 10004
    X    
GS CAPITAL PARTNERS V GmbH & CO KG
85 BROAD STREET
NEW YORK, NY 10004
    X    
GS Capital Partners V Institutional L P
85 BROAD ST
NEW YORK, NY 10004
    X    
GSCP V EDMC HOLDINGS, L.P.
85 BROAD STREET
NEW YORK, NY 10004
    X    
GOLDMAN SACHS EDMC INVESTORS L P
32 OLD SLIP
NEW YORK, NY 10005
    X    
GS Private Equity Partners 2000, L.P.
85 BROAD STREET
NEW YORK, NY 10004
    X    
GS Private Equity Partners 2000 Offshore Holdings, L.P.
85 BROAD STREET
NEW YORK, NY 10004
    X    

Signatures

Yvette Kosic, Attorney-in-fact 10/01/2009
**Signature of Reporting Person Date

Yvette Kosic, Attorney-in-fact 10/01/2009
**Signature of Reporting Person Date

Yvette Kosic, Attorney-in-fact 10/01/2009
**Signature of Reporting Person Date

Yvette Kosic, Attorney-in-fact 10/01/2009
**Signature of Reporting Person Date

Yvette Kosic, Attorney-in-fact 10/01/2009
**Signature of Reporting Person Date

Yvette Kosic, Attorney-in-fact 10/01/2009
**Signature of Reporting Person Date

Yvette Kosic, Attorney-in-fact 10/01/2009
**Signature of Reporting Person Date

Yvette Kosic, Attorney-in-fact 10/01/2009
**Signature of Reporting Person Date

Yvette Kosic, Attorney-in-fact 10/01/2009
**Signature of Reporting Person Date

Yvette Kosic, Attorney-in-fact 10/01/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) For text of Footnote 1, see Exhibit 99.a.
(2) For text of Footnote 2, see Exhibit 99.a.
(3) For text of Footnote 3, see Exhibit 99.a.
(4) For text of Footnote 4, see Exhibit 99.a.
(5) For text of Footnote 5, see Exhibit 99.a.
(6) For text of Footnote 6, see Exhibit 99.a.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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