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The Collapse Of Corinthian Colleges

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Under with the U.S. Department of Education, Corinthian Colleges will put 85 of its U.S. campuses up for sale and close the remaining dozen. The for-profit college chain operates campuses under the names Heald, Everest and WyoTech. It has more than 70,000 students across North America. It's the largest-ever college, by enrollment, …

Employment After The Recession

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Four of five students who graduated college in 2008 were able to find some sort of employment in the four years after their graduation, despite entering the work force during the worst of the economic recession, a federal report shows.

Eighty-three percent of bachelor's-degree recipients who were not enrolled in another degree program …

New Tool Breaks Down Federal Policy

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What is the purpose of the president’s annual budget request and when can it be expected? What is the role of a Congressional Budget Committee? How does it differ from Appropriations? What is an omnibus spending bill, and when does it come into play? Confused or need more clarification? There’s an easy …

Corinthian’s Dismantling Begins

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The U.S. Department of Education and Corinthian Colleges agreed late Thursday to a plan to close or sell the for-profit provider's 107 campuses and online programs. It remained unclear which of the company's Everest, Heald and WyoTech chains will be sold. The department said it would release $35 million in financial aid …

Push To Keep Incoming College Students On Track

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The excitement of acceptance into that dream college has passed. The first day of classes is still weeks away. But the resources provided by high school teachers and computer labs are no longer available for graduates. Education researchers and academic counselors call it "summer melt," the precarious time when some college-bound students …

Shutting Down A For-Profit College?

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Cutting off access to the student aid spigot is probably the most important way the Department of Education can clamp down on poorly performing for-profit colleges, but doing so isn’t easy—as the ongoing saga of Corinthian Colleges (COCO) shows. Today, Corinthian announced that it missed a deadline to reach an agreement with …

Corinthian Colleges Is Closing

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Late last month, Corinthian Colleges, a publicly traded for-profit higher education company that enrolls 72,000 students at over 100 campuses nationwide, announced its imminent bankruptcy.

Facing declining enrollment and multiple investigations into its financial and educational practices from parties including the federal Consumer Financial Protection Bureau and a group of state attorneys general, …

Extended Negotiations Over Corinthian’s Phasing-Out

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The U.S. Department of Education failed to reach an agreement with Corinthian Colleges on how to sell or close its 107 campuses, the department said Wednesday. The two sides last month agreed to an initial plan, through which the feds released held financial aid payments to the cash-starved for-profit chain. Announcements of …

More Time For Corinthian

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The U.S. Department of Education apparently has revised its July 1 deadline to reach an agreement with Corinthian Colleges on a plan to sell or close the for-profit chain's 107 campuses and online programs.

Corinthian is facing a severe cash crisis, due in part to a freeze the department last month put on …

Corinthian Puts Heald College Up For Sale

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Corinthian Colleges Inc. disclosed on Monday that it hoped to sell all 12 of its Heald College campuses as part of its agreement with the U.S. Department of Education to "teach out" some of the 107 colleges it owns in the United States and Canada, and sell the rest. It is required …

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