Labor & Economic News Blog


Monday, April 27, 2015

Corinthian closing its last schools; 10,000 California students displaced

Corinthian closing its last schools; 10,000 California students displaced

 Like many other large for-profit schools, Corinthian nearly doubled revenue to $1.75 billion from 2007 to 2011, as the Great Recession prompted millions of unemployed workers to seek opportunity in higher education and career training. But the company lacked the cash flow to survive after the U.S. Education Department barred its access to student loans last summer.

 



<< Blog Home

 

This page is powered by Blogger. Isn't yours?