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Altierus Career College was a postsecondary non-profit healthcare and trade school owned by ECMC Education. The school closed its campuses in Tampa, Florida; Norcross, Georgia; and Houston, Texas; in 2023. [1] The school was nationally accredited by the Accrediting Commission of Career Schools and Colleges. [2]
The schools were once part of Corinthian Colleges, a now defunct large for-profit college chain that collapsed in 2015. Educational Credit Management Corporation (ECMC) took over the schools in 2015 under the name Zenith Education and rebranded them as Alterius Career Colleges. [3] More than 20 Zenith campuses closed in 2017, leaving only three campuses in service. [4] As of April 2022, ECMC Group announced the remaining three campuses would be closing. [5]
The Art Institutes (AI) were a private for-profit system of art schools in the United States.
Brown College was a private for-profit college in Mendota Heights, Minnesota. It merged with another college in March 2014, to form Sanford-Brown College. These campuses were part of a larger group of schools under the same general heading. Generally each campus was separately administered, although the two in Minnesota, under the heading of "Brown College", were under the same president. Like the rest of this system, Brown College was a for-profit school and a subsidiary of Career Education Corporation. The college offered programs in the areas of Broadcasting, Game Design, Visual Communications, Network, Business Management, Medical Assisting, and Criminal Justice. The school ran on 5 week modules continuously throughout the year, with week breaks in July and December.
Alliance University was a private Christian university affiliated with the Christian and Missionary Alliance. Located in New York, New York, the university offered undergraduate and graduate programs; in addition, it included Alliance Theological Seminary.
WyoTech, formerly known as Wyoming Technical Institute, is a for-profit, technical college founded in Laramie, Wyoming in 1966. WyoTech provides 3 core programs and 6 specialty programs that prepare students for careers as technicians in the automotive and diesel industry.
American InterContinental University (AIU) is a private for-profit university with its headquarters in Schaumburg, Illinois. It employs open admissions. American InterContinental University is a member of the American InterContinental University System. It is accredited by the Higher Learning Commission to award associate, bachelor's, and master's degrees. It is owned by the for-profit company Perdoceo Education Corporation, publicly traded on the NASDAQ under PRDO and formerly known as Career Education Corporation (CEC).
Perdoceo Education Corporation (PRDO) is a public company that owns four for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, and Trident University International. The company was previously known as Career Education Corporation.
Corinthian Colleges, Inc. (CCi) was a for-profit post-secondary education company in North America. Its subsidiaries offered career-oriented diploma and degree programs in health care, business, criminal justice, transportation technology and maintenance, construction trades, and information technology. A remnant of the schools was owned by ECMC under the Altierus Career College brand until the last three campuses were closed in 2022.
Everest University was a private for-profit university based in Florida. From 2015 to 2020, the schools were operated by nonprofit Zenith Education Group, after former for-profit owner Corinthian Colleges shut down its operations. It was founded in 1940 as Fort Lauderdale College of Business and Finance and later known as the Florida Metropolitan University, a name it held until 2010. The Florida-based university offered online courses for students throughout the country. Programs focused on career orientation, offering day, night, weekend and online programs for working adults, with programs and schedules varying by campus.
Everest College was a system of colleges in the United States, and with Wyotech, made up Zenith Education. It was until 2015 a system of for-profit colleges in the United States and the Canadian province of Ontario, owned and operated by Corinthian Colleges, Inc. In 2021, former Everest students were made eligible for automatic student loan debt relief through the US Department of Education.
Harrington College of Design (1931–2015) was a for-profit college in the Loop area of Chicago, Illinois, US, that closed in 2015. It offered students programs leading to either a master's, bachelor's or associate's degree upon completion of the interior design, digital photography or communication design programs. Each program was credentialed with multiple levels of accreditation. The college was owned by Career Education Corporation.
Virginia College was a private for-profit college located primarily in the southeastern United States. It offered classes, certificates, diplomas, and degrees related to specific professions such as health sciences, information technology, business, office management, and criminal justice. It also offered online degree programs.
Le Cordon Bleu College of Culinary Arts Atlanta was a two-year private for-profit college in Georgia. The college was owned by Career Education Corporation under a licensing agreement with Le Cordon Bleu in Paris. The branch campus was established in April 2003 and all US Cordon Bleu College locations closed in September 2017.
CollegeAmerica was a private for-profit college with its main campus in Denver, Colorado. The college was one of four educational institutions affiliated with the Salt Lake City-based Center for Excellence in Higher Education (CEHE). It was founded as the training division of Control Data Corporation. Although it was previously accredited by the Accrediting Commission of Career Schools and Colleges, all institutions owned by CEHE were placed on probation in September 2018 because "the inputs, resources, and processes of CEHE schools are designed and implemented in a manner that is not designed for student success." After losing accreditation at one of its campuses in April 2021, the company froze new enrollment at all of its campuses before closing them all by the end of 2021.
Higher education accreditation in the United States is a peer review process by which the validity of degrees and credits awarded by higher education institutions is assured. It is coordinated by accreditation commissions made up of member institutions. It was first undertaken in the late 19th century by cooperating educational institutions, on a regional basis.
For-profit higher education in the United States refers to the commercialization and privatization of American higher education institutions. For-profit colleges have been the most recognizable for-profit institutions, and more recently with online program managers, but commercialization has been a part of US higher education for centuries. Privatization of public institutions has been increasing since at least the 1980s.
Educational Credit Management Corporation (ECMC) is a United States nonprofit corporation based in Minnesota. Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education. As a guarantor working on behalf of the U.S. Department of Education, ECMC charges fees to debtors and earns commissions from taxpayers by collecting on defaulted student loans pursuant to the Higher Education Act. In return, the U.S. government has retrieved billions of dollars from student loan debtors. From 1994 to 2015, according to ECMC, they returned $4.3 billion to the U.S. Treasury.
Purdue University Global, Inc. is a public online university that is a separately accredited part of the Purdue University system. Its primary focus is educating working adults.
International Education Corporation (IEC) is a for-profit higher education company in the United States. It is the parent company of UEI College, United Education Institute, Florida Career College, U.S. Colleges, and Sage Truck Driving Schools. The institutions are for-profit career colleges.
Online enrollments in higher education have grown substantially, especially after the global shutdown. Convenience and flexibility is not the only explanation for this rapid growth. Universities, facing budget shortfalls, have turned to Online Program Managers, commonly known as OPMs to recruit students and build online programs. OPMs provide bundled products and services to private and public educational institutions in exchange for a revenue sharing arrangement. Universities have come to rely on these services to recruit new students, design, develop, run online programs and more.
For-profit colleges, also known as proprietary colleges, are post-secondary schools that rely on investors, and survive by making a profit. They include for-profit vocational and technical schools, career colleges, and predominantly online universities. For-profit colleges have frequently offered career-oriented curricula including culinary arts, business and technology, and health care. These institutions have a long history in the US, and grew rapidly from 1972 to 2009. The growth of for-profit education has been fueled by government funding as well as corporate investment, including private equity.
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