CAPPS - Avocacy and Communication Professional Development

California Association of Private Postsecondary Schools

Campuses Once Owned by Corinthian Close Up Shop

07/30/2014

The Chronicle of Higher Education. July 28, 2014.

Four campuses once owned by Corinthian Colleges Inc. closed their doors on Monday, one week after their parent company filed for bankruptcy, the San Jose Mercury Newsreports. 

The for-profit Corinthian paid BioHealth College Inc. $2.3-million last year to take over the campuses, which were renamed Bryman College. BioHealth continued to operate a campus under its own name, which is also closing. The Bryman and BioHealth campuses together served about 280 students.

Corinthian has recently seen its own finances thrown into disarray, agreeing this month to sell 95 of its campuses and gradually close the other 12.