Education Training Corp.’s Anthem Files Chapter 11 Bankruptcy
Career College Central Summary:
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Another for-profit college has hit the skids, this time opting to file for Chapter 11 bankruptcy as the sector faces falling enrollment and increased regulatory scrutiny.
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Education Training Corp., which managed campuses in 14 states under the names Anthem and Florida Career College, filed for Chapter 11 bankruptcy on Sunday.
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Claims fewer than $50,000 in assets and between $10 million and $50 million in debts.
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DOW JONES
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