Home News ECMC executes letter of intent with former WyoTech president – Laramie Boomerang

ECMC executes letter of intent with former WyoTech president – Laramie Boomerang

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Educational Credit Management Corporation Group is closing WyoTech’s doors soon, but the automotive repair school could reopen in July — locally owned and under a private business model.

“The teach-out of the WyoTech campus in Laramie was originally scheduled to be completed by June 22,” ECMC Group CEO and President Jeremy Wheaton writes in an email.

“Given that we are currently in negotiation regarding the future of the school, we are exploring options that would allow students to continue in the event a final agreement is made.”

Former WyoTech student, instructor and president, Jim Mathis received a letter of intent Thursday from ECMC indicating the company was amenable to going forward with a proposal Mathis drafted in March to acquire the WyoTech Laramie campus.

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