SANTA ANA (CBS/AP) — 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.
The announcement comes less than two weeks after the U.S. Department of Education announced it was fining the for-profit institution $30 million for misrepresentation.READ MORE: Volunteers Spread Out Across Bay Area for Annual Coastal Cleanup
In a statement Sunday, the Santa Ana, California-based company said it was working with other schools to help students continue their education. The closures include Heald College campuses in California, Hawaii and Oregon, as well as Everest and WyoTech schools in California, Arizona and New York.READ MORE: San Francisco Celebrates Rise of Lowrider Community With Car Show and Cruise
Corinthian was one of the country’s largest for-profit educational institutions. It collapsed last summer amid a cash shortage and fraud allegations.
The Education Department contends that Corinthian failed to comply with requests to address allegations of falsifying job placement data and altering grades and attendance records.MORE NEWS: San Francisco Schools, Public Health Dept. Partner to Provide Campus COVID Vaccinations
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