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Tuesday, March 19, 2024
March 19, 2024

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Remaining 28 Corinthian campuses close

The Columbian
Published:

WASHINGTON — Corinthian Colleges canceled classes Monday and shut down all of its remaining 28 ground campuses, displacing about 16,000 students, less than two weeks after the Education Department announced it was fining the for-profit institution $30 million for misrepresentation.

The Santa Ana, Calif.-based company said it was working with other schools to help students continue their education by making transcripts available and coordinating with other educational institutions to accept them. The closures include Heald College campuses in California, Hawaii and Oregon, as well as Everest and WyoTech schools in California, Arizona and New York.

Corinthian was one of the country’s largest for-profit educational institutions. It collapsed last summer amid a cash shortage and fraud allegations.

The Education Department contends that Corinthian failed to comply with requests to address allegations of falsifying job placement data and altering grades and attendance records. It agreed to sell or close its campuses under pressure from the department.

Students who attend a school that closes while they are enrolled may be eligible to have their federal loans forgiven. Ted Mitchell, the undersecretary at the Education Department, said in a statement that the department “will immediately begin outreach to Corinthian students to review all their options, which may include loan discharges for students whose school closed.”

The statement did not include an estimate of the amount of loans taken out by the 16,000 students affected by the closings.

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