Tuesday, April 28, 2015

Corinthian Colleges Shuts Down, Ending Classes for 16,000 Overnight. Sent in by a Reader.

In what's believed to be the biggest shutdown in the history of higher education in the United States, Corinthian Colleges said Sunday it's closing its remaining 28 for-profit schools effective immediately, kicking about 16,000 students out of school.

Corinthian, based in Santa Ana, California, said in a statement and an email to students that it would lean on government agencies and other institutions to place the students, who were enrolled at Heald College locations in California, Hawaii and Oregon and at Everest and WyoTech locations in California, Arizona and New York.

http://www.nbcnews.com/news/education/corinthian-colleges-shuts-down-ending-classes-16-000-overnight-n348741

3 comments:

  1. Programs in my discipline usually run with barely enough students to keeps the major (many have been shut down or converted to service-only departments over the last couple of decades), so my second thought was "Hey, maybe we can get some students out of this!"

    Alas, it looks like there aren't any close by.

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  2. Wow, those instructors are going to get really bad evaluations. Hopefully, the adjunct faculty who care about their students' success continued to teach for free. It would only be a small decrease in their salary.

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  3. I'm not shedding tears over the demise of a for-profit school that's been cooking its books, but I do feel for the instructors employed by Everest. A fraternity brother of mine (long since an alum when I pledged, but I've met the fellow a few times and am friends with him) was an instructor in one of Everest's online programs; I feel badly for the fellow.

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