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Career College Central Summary:

  • It’s good that Education Department regulators don’t oversee drone strikes. Behold how DoE’s blunderbuss assault on the for-profit Corinthian Colleges has harmed thousands of students and employees.
  • On Monday the Santa Ana-based for-profit shut down its remaining 28 schools, which no buyer would purchase amid the government’s regulatory ambush. The closure displaces 16,000 or so students—many mere...
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Career College Central Summary:

  • That the for-profit school industry is grinding out defeat, debt and joblessness — along with certificates of completion — is egregious enough. That it’s doing so with the state of Florida’s blessing is downright disgusting.
  • Miami Herald writer Michael Vasquez dives deep this week into the morass of for-profit colleges, in his week-long, multimedia series, Higher Ed Hustle. And “hustle” is exactly...
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Career College Central Summary:

  • Several dozen students gathered outside Heald College in Roseville Monday morning, sharing frustration and some tears with classmates and teachers after the abrupt weekend closure of Heald and other colleges run by for-profit Corinthian Colleges.
  • Pura Hernandez, 31, fought back tears as she described herself as a disabled woman already working in the medical field who went back to school to improve her options finding work she could...
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Career College Central Summary:

  • Michael Clifford, a long-time investor in for-profit education, said the closure of Corinthian Colleges Inc. (Nasdaq: COCO) is yet another example of the demise of the for-profit education industry.
  • "I do not believe there's any future in for-profit education anymore," he said.
  • Clifford was a pioneer in for-profit education, investing early on in Grand Canyon University (Nasdaq: LOPE). While he's no...
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Career College Central Summary:

  • Corinthian Colleges, Inc., today announced the effective end of all operations. Given the wide public interest in this matter, and our Departments involvement in it, I wanted to provide some background and explain what has happened, as I have done in the past.
  • Corinthian’s closure follows a series of enforcement actions by this Department and by states aimed at protecting students and safeguarding the interests of taxpayers....