Education Training Corp.’s Anthem Files Chapter 11 Bankruptcy
Career College Central Summary:
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.
Education Training Corp., which managed campuses in 14 states under the names Anthem and Florida Career College, filed for Chapter 11 bankruptcy on Sunday.
Claims fewer than $50,000 in assets and between $10 million and $50 million in debts.
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