October 22, 2018

Education Corporation of America to close at least 26 campus locations

 

Education Corporation of America, a for-profit higher education provider with locations across the country, plans to close 26 campuses — a third of its current total — by early 2020. The closures would affect almost every chain of colleges operated by ECA, including Brightwood Career Institute, Brightwood College, Ecote

for profit education closures 2018

ch Institute, Golf Academy of America and Virginia College. The company said it is ending enrollment of new students at those campuses immediately because of insufficient demand.

The closures come just a few years after ECA acquired 38 campuses owned by Kaplan College, another for-profit operator. They’re the latest evidence of restructuring in a sector rocked by regulatory crackdowns, negative publicity and falling enrollment as the economy continues to improve.

The closures are concentrated mostly in Southern states, with a handful in Arizona, California, Colorado, Pennsylvania and Texas. The colleges will begin a teach-out process — the formal planning for students to continue their programs elsewhere — and cease operations entirely between June 2019 and April 2020. Students who can’t complete their program of study before a campus closes can either transfer their credits or request a tuition refund.

Link to article: https://www.insidehighered.com/news/2018/09/12/profit-chain-will-close-dozens-campuses

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