Everest Institute in Grand Rapids among 85 campuses to close across US
Caroline MacGregor July 9, 2014 | WGVU In January, the
U.S. Department of Education asked Corinthian Colleges to provide student records,
including grades and job placement results. It’s a way to ensure student aid
money is granted only to colleges that provide good value to students.
records for 175,000 graduates for the past four years with 29 staff, however, proved
more difficult than anticipated.
“We thought we were providing them at a pace that was satisfactory to the department. On June 12th we learned we were not and they imposed a 21 day freeze on student aid funds and as a result we experienced a cash shortage.”
spokesperson, Kent Jenkins Jr., who says dropping enrollment didn’t help.
They’ve now entered into an agreement with the Department of Education for an
advancement of cash to prevent a sudden disruption on campuses and will provide all records by July 15th.
has five Everest Institute campuses in Michigan, three on the east side of the
state, which will be sold, and two others in West Michigan.
“We did however look at Grand Rapids and Kalamazoo and determined we would not be able to find buyers for them. Operations will continue and be gradually fazed out."
at both campuses, enrollment has ceased but students will be able to complete
their degrees before the campuses close. As for allegations Corinthian
falsified job placement records and altered grades, Jenkin’s calls the
“In one instance at a campus in Georgia, we found some issues which were not appropriate and we reported those on our own initiative to comply with the law and be open and transparent.”
Institute in Grand Rapids offered students degrees in massage therapy, nursing, dentistry and medical insurance coding.
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