By Tony Guida, Partner, Duane Morris LLP
2015 was a chaotic year for the proprietary higher education sector. And it wasn’t pretty. An increase in announced federal and state investigations and sanctions, the messy closure of Corinthian Colleges, widespread campus closures, and declining enrollments have all served to cast the sector in a negative light and raise questions about the sustainability of the for-profit college sector.
2015 was a chaotic year for the proprietary higher education sector. And it wasn’t pretty. An increase in announced federal and state investigations and sanctions, the messy closure of Corinthian Colleges, widespread campus closures, and declining enrollments have all served to cast the sector in a negative light and raise questions about the sustainability of the for-profit college sector.
