SACS Special Committee recognizes American InterContinental University’s progress
The Career Education Corporation (NASDAQ: CECO) reported on December 12, 2006, that the Commission on Colleges of the Southern Association of Colleges and Schools (SACS) has extended the probationary status of American InterContinental University (AIU) for a one-year period. The Special Committee of the Commission on Colleges of SACS acknowledged the progress AIU has made in instituting positive change, but indicated a need for continual practice to demonstrate the sustainability of those changes. As previously reported, SACS had placed AIU on a one-year probation beginning in December 2005. AIU remains accredited during this probationary period.
“We are pleased with the recognition of the important steps we have taken in the past 12 months and our commitment to clear and continuous improvement,” said Dr. George Miller, AIU’s chief executive officer. “We look forward to working with SACS over the coming year to address any remaining issues, and we appreciate their continuing guidance and counsel. During the probationary period and beyond, our students will continue to receive the services to which they have been accustomed, including financial aid, career services and other student support. Our intent is to stay the course, ensuring that the steps we have taken and the changes we have instituted are permanent, student-focused and effective for the long-term.”
Among the many improvements implemented by AIU over the past year are the following:
“The leadership, faculty and staff at AIU have worked extremely hard to address SACS’s concerns,” said Bob Dowdell, the Career Education Corporation’s interim president and chief executive officer. “AIU will continue to provide educational programs that are accessible, effective, prepare thousands of individuals for rewarding futures, and always put student learning first.”
AIU is expected to receive official notification and further detail from SACS in January.
Conference Call Information
The Career Education Corporation hosted a conference call on December 12, 2006, at 4:30 PM (Eastern Time). An archived version of the webcast will be accessible for seven days at www.careered.com. A replay of the call will also be available for seven days by calling 617-801-6888 (international) or 888-286-8010 (domestic) and citing code 35825528.
About the Career Education Corporation
The colleges, schools and universities that are part of the Career Education Corporation (CEC) family offer high-quality education to approximately 100,000 students across the world in a variety of career-oriented disciplines. The 80-plus campuses that serve these students are located throughout the U. S. and Canada, France, and the United Kingdom, and offer Doctoral, Master’s, Bachelor’s, and Associate degrees and diploma and certificate programs. Many students attend the fully online educational platforms offered by American InterContinental University Online and Colorado Technical University Online.
CEC is an industry leader whose gold-standard brands are recognized globally. Those brands include, among others, Le Cordon Bleu Schools North America; Harrington College of Design; Brooks Institute of Photography; the Katharine Gibbs Schools; American InterContinental University; Colorado Technical University and Sanford-Brown Institutes and Colleges. The mission of CEC, through its schools, its educators and its employees, is education – their primary goal, to enable students to graduate successfully and pursue rewarding careers.
For more information, see www.careered.com. The company’s web site also has a detailed listing of individual campus locations and web links for its colleges, schools and universities.