Corinthian Colleges Shuts Down, Ending Classes for 16,000 Overnight

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by M. Alex Johnson

I n what’s believed to be the biggest shutdown in the history of higher education in the United States, Corinthian Colleges said Sunday it’s closing its remaining 28 for-profit schools effective immediately, kicking about 16,000 students out of school.

Corinthian, based in Santa Ana, California, said in a statement and an email to students that it would lean on government agencies and other institutions to place the students, who were enrolled at Heald College locations in California, Hawaii and Oregon and at Everest and WyoTech locations in California, Arizona and New York.

Read the rest of the story at NBC News.