Heald and Everest Colleges Close Down After $30 Million Fine

The America education system took another hit last week when the parent company of Heald and Everest Colleges closed its doors for good effectively kicking out 16,000 students.

Corinthian Colleges Inc. shut down following an investigation by the Department of Education.

Corinthian, which posted $1.6 billion in revenue during 2014 was investigated for inflating its student’s employment rates and predatory advertising and was later fined $30 million.

The for profit college continued to enroll students right up to the point it closed its doors.

Read the full story at the Inquisitr

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s