MORE ON: Career Education Corporation

Daily Report: Higher Ed

For-profit Career Education Corp. to close 23 campuses

November 13, 2012, 12:05 AM
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... + read more
Daily Report: Higher Ed

Agency questions culinary school's job placement rates

June 25, 2012, 12:05 AM
One of the agencies that accredits San Francisco's California Culinary Academy is questioning the veracity of the college's reported job placement rates – ordering the school's parent company to provide audited placement data by September in order to maintain its accreditation... + read more
Daily Report: Higher Ed

Accreditor seeks more accurate job placement data on for-profits

January 27, 2012, 12:05 AM
The accreditor that oversees several campuses owned by for-profit college company Career Education Corp. is demanding that it submit more accurate data on its job placement rates as part of a "show-cause" hearing, saying data the firm provided to the accrediting council in December was... + read more
Daily Report: Higher Ed

For-profit college firm to pay $5M to ex-CEO

December 5, 2011, 12:05 AM
A former for-profit college CEO who resigned last month after an investigation revealed the company was inflating job placement rates will receive a compensation package worth more than $5 million under the terms of his separation agreement, according to a recent filing with the U.S.... + read more
Daily Report: Higher Ed

With low job placement rates, for-profit colleges risk losing accreditation

November 18, 2011, 12:05 AM
New figures show two California campuses owned by for-profit education firm Career Education Corp. appear to have placed fewer than 65 percent of graduates in jobs – the minimum job placement rate required by the Accrediting Council for Independent Colleges and Schools. And while Career... + read more
Daily Report: Higher Ed

For-profit college firm discloses improper job placement rates

November 7, 2011, 12:05 AM
A for-profit education company with five campuses in California disclosed last week that an investigation by outside counsel found the company was inflating job placement calculations at several of its campuses – just one day after the company announced the CEO’s resignation. The... + read more
Daily Report: Higher Ed

For-profit education company inflated job placement rates

August 10, 2011, 12:05 AM
A for-profit education company with five locations in California has admitted that some of its health education campuses reported inflated job placement rates for its graduates. The announcement comes as the Illinois-based Career Education Corporation has tentatively agreed [PDF... + read more
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