Corinthian Colleges Under Pressure, Could Close

Update #4:  An Inside Higher Ed post report on apparent extension of deadline for Corinthian.

Update #3:  An Inside Higher Ed post by Paul Fain on June 30, 2014 focuses on negotiations over the weekend to close or sell campuses.

Update #2:  An Inside Higher Ed post by Paul Fain on June 26, 2014 provides context and explores implications for the for-profit sector.

Update:  Corinthian Colleges announced on Monday that it had reached an agreement with the U.S. Department of Education.

Katy Murphy reported yesterday for the San Jose Mercury News on a warning issued by Corinthian Colleges.  Corinthian is the corporate parent for Heald College, Everest College, Everest Institute and WyoTech and enrolls over 75,000 students at more than 105 sites across the U.S. and Canada.  The corporate web site indicates that Corinthian was founded in 1995.

An article at Inside Higher Ed by Paul Fain offers additional insight and context.