For-Profit Career Education Corp. To Close 23 Campuses

Source: runhoustontimin Posted By: Bailey C...4188 days ago

For-profit college giant Career Education Corp. announced that it will close 23 of its 90 campuses and eliminate 900 jobs after the company reported a net loss this quarter of $33 million and a 23 percent drop in new student enrollment.

The company, which owns six campuses in California, has not said which of its campuses will close, but stated in a disclosure to the U.S. Securities and Exchange Commission that it wants to invest in campuses that have the strongest likelihood of delivering solid....

Read full story >>

• (0 vote)   

•  
• Comments(0)|
• Report It|
• Blog It