Career Education Inc. shuts down 9 colleges

by E Wayne Ross on February 18, 2008

Inside Higher Ed: Career Education Inc. on Friday announced plans to shut nine colleges, seven of them part of the Katherine Gibbs chain, following a “teach out” period to help current students. A statement from Career Education said that the move was part of a previously announced strategy to focus on key areas, and that attempts to sell the colleges didn’t succeed. Supporters of New Hampshire’s McIntosh College, one of the institutions being shut down, are angry and frustrated, Seacoast Online reported.

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