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Corinthian Colleges, Inc. (CCi) was a for-profit post-secondary education company in North America. Its subsidiaries offered career-oriented diploma and degree programs in health care, business, criminal justice, transportation technology and maintenance, construction trades, and information technology. [1]
In November 2009, Corinthian Colleges, Inc. purchased Heald College's parent company for $395 million, simultaneously announcing plans to begin in 2011 offering online-only courses leading to degree programs based entirely on online coursework. However, Corinthian planned to retain the Heald name, as well as its faculty and staff. [8]
For-profit colleges receive money for servicemembers and their spouses attending college while still in the military. [98] In fiscal year 2018, for-profit colleges received $181 million or 38 percent of all DOD TA funds. For-profit schools also receive money from DOD for education of military spouses. The program is known as MyCAA. [99] [100]
Corinthian Colleges Inc. (NASDAQ: COCO) reported a fourth fiscal quarter EPS loss of $0.08 and $394.78 million in sales before markets opened this morning. In the same period a year ago, the for ...
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For-profit colleges receive money for servicemembers and their spouses attending college while still in the military. [104] In fiscal year 2018, for-profit colleges received $181 million or 38 percent of all DOD TA funds. For-profit schools also receive money from DOD for education of military spouses. The program is known as MyCAA. [105] [106]
Hundreds of thousands of students who attended the for-profit Corinthian Colleges chain will automatically get their federal student loans canceled, the Biden administration announced, a move that ...
In February 2015, Educational Credit Management Corporation's subsidiary Zenith Education Group acquired 56 Everest College and WyoTech campuses from Corinthian. [8] Zenith planned to transition the schools from for-profit to nonprofit status. It also planned to eliminate some programs with poor completion and job placement rates. [9]
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