Corinthian Colleges will shut down all of its remaining 28 ground campuses, including locations in San Francisco, San Jose and other California cities, displacing about 16,000 students.
Nearly 600,000 veterans are going to back to school on the GI bill. But many veterans are recruited by for-profit schools with high tuition, high default and high drop out rates.
A state report examining Cal Grant’s new eligibility standards says the tighter rules have disqualified 80 percent of California’s for-profit colleges from the financial aid program.
Many for-profit colleges could lose their eligibility for California higher-education grants under new rules being considered by state lawmakers.