Just weeks after being hit with a $30 million fine from the U.S. Department of Education, Corinthian Colleges has closed all 28 of its remaining schools. The department had fined for-profit Corinthian for providing students with false job placement rates.
Corinthian announced the closure on Sunday in a statement and an email to its 16,000 students. According to NBC News, Corinthian's closure marks the "biggest shutdown in the history of higher education in the United States."
"What these students have experienced is unacceptable," the Education Department said in a statement. "As Corinthian closes its doors for good, the department will continue to keep students at the heart of every decision we make."
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
How are ICE’s recruitment woes complicating Trump’s immigration agenda?TODAY’S BIG QUESTION Lowered training standards and ‘athletically allergic’ hopefuls are getting in the way of the White House plan to turn the Department of Homeland Security into a federal police force
-
What is a bubble? Understanding the financial term.the explainer An AI bubble burst could be looming
-
France makes first arrests in Louvre jewels heistSpeed Read Two suspects were arrested in connection with the daytime theft of royal jewels from the museum
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstancesSpeed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governorSpeed Read
-
Los Angeles city workers stage 1-day walkout over labor conditionsSpeed Read
-
Mega Millions jackpot climbs to an estimated $1.55 billionSpeed Read
-
Bangladesh dealing with worst dengue fever outbreak on recordSpeed Read
-
Glacial outburst flooding in Juneau destroys homesSpeed Read
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creatureSpeed Read
