Posts

Showing posts with the label For-Profit Institutions

Education Corporation of America Closes over 75 Campuses

Image
The Education Corporation of America headquarter in Birmingham, AL  announced today that it will close more than 75 sites  that enroll roughly 20,000 students.  The company began the process of notifying students and employees.  The sites include those operating as Brightwood College, Brightwood Career Institute, Ecotech Institute, Golf Academy of America and Virginia College. You can read more at Inside Higher Ed  in an article that was posted earlier today, " Large For-Profit Chain to Close ."  WSFA-TV in Montgomery, AL posted a short video with an article, " Virginia College closing in Montgomery, nationwide ." KCRA-TV in Sacramento, CA posted " Brightwood College closing Modesto, Sacramento campuses " on its website. Thirty-two sites are listed for Brightwood College in eight states on the  IPEDS College Navigator  site and twenty-seven sites in eleven states are listed for Virginia Colleges. Brightwood College Sites Virginia ...

Fountainhead College of Technology Closes

Image
Fountainhead College of Technology in Knoxville, TN announced that it will be closing.  You can read a brief statement that is currently posted on the institution's website .   There is also a brief video posted by WATE , Knoxville's ABC affiliate, " Fountainhead College of Technology closing ." The institution was founded as the Tennessee Radio Service School in 1947 at 422 Gay Street in Knoxville.  The following year, the name was changed to Tennessee Institute of Electronics.  The name change once more to Fountainhead College of Technology in 2003. Fountainhead offered Associate Degrees in Electronic Technology, Information Technology, Computer Programming, and Health Information Management. Baccalaureate Degrees were awarded in Application Development, Electronic Wireless Communication, and in Network Security and Forensics.  Approximately 88 students were enrolled. If you are interested in recent trends for closures, mergers,and acquisitions ...

Harrison College Closes

Image
Harrison College abruptly closed last week.  Harrison was headquartered in Indianapolis and offered programs through ten sites in Indiana: Anderson, Columbus, Elkhart, Evansville, Fort Wayne, Indianapolis (3), Lafayette, and Terre Haute.  Two additional sites in Morrisville, NC and Grove City, OH will also close. The history of Harrison College is traced to Marion, IN and Marion Business College that began operation in the 1890s.  Marion Business College served as the initial institution in 1902 for what later became known as Indiana Business College.  Logansport Business College was purchased and Kokomo Business College was begun in 1902. IBC grew in the early 20th century to include other schools that operated under their respective names or collectively as IBC: Municie Business College, Anderson Business College, Columbus Business College, Richmond Business College, Lafayette Business College, Crawfordsville Business College, Washington Business Colle...

Lincoln College of New England Announces Closure

Image
  Lincoln College of New England, a small for-profit institution,  announced that it will no longer enroll students and intends to close at the end of 2018. The institution was founded in 1966 as Briarwood Secretarial School in Bristol, Connecticut.  Courses were offered the following year at a site in Southington, Ct.  The school then received its state charter in 1979 as Briarwood College.  Baccalaureate programs were add in 2005 for criminal justice and funeral service management.   Briarwood College was acquired by Lincoln Educational Services Corporation in 2008.  The following year LESC acquired Clemens College in Suffield, CT and merged the two institutions to form Lincoln College of New England. If you are interested in recent trends for closures, mergers,and acquisitions  access  College Closures since 2009  in the index at the right of any  College History Garden  page.  There are separate tabs for non...

King's College in Charlotte Announces Closure

Image
King's College, a small for-profit institution in Charlotte, North Caroline announced that it will be closing .  The institution was founded in 1901 in Raleigh, NC.  Courses were offered in Charlotte the following year in 1902.  Current enrollment is roughly 350 students. If you are interested in recent trends for closures, mergers,and acquisitions  access  College Closures since 2009  in the index at the right of any  College History Garden  page.  There are separate tabs for non-profit closures, for-profit closures, and one for mergers and acquisitions.  Each tab includes basic information for the institutions, i.e., Carnegie Classification, sector, accrediting agency, and the IPEDS unitid. advertisement for King's Business College from  The Progressive Farmer (Winston-Salem, NC) on January 26, 1904 Postcard King's Business College in Raleigh, NC source: North Carolina Postcard collection, University of North Carolina at Chap...

Salem International University Changes Its Name

Image
The State Journal  of Clarksburg, West Virginia posted " Honoring history, heritage was reason for university name change ," indicating that Salem International University recently changed its name to Salem Unive rsity.  Salem University is a small, for-profit institution and enrolls roughly 850 students. The institution, located in Salem, WV, was founded as Salem College in 1888.  It joined with Teikyo University Foundation  to form Salem-Teikyo University in 1989. The name was changed to Salem International University in 2000 and to Salem University in 2018

Kendall College Acquired by National Louis University

Image
The Chicago Tribune reported on January 18, 2018 " Kendall College sells programs and name to National Louis University for $1 ."  Kendall has been operating since 2005 as a for-profit institution and was owned by Laureate Education, Inc. National Louis University posted a statement on its website, " National Louis University announcesagreement with Kendall College and Laureate Education, Inc. to transferKendall's current programs to NLU, contingent on regulatory approvals ." Kendall College was founded in 1934 when a Swedish seminary and a Danish-Norwegian seminary located in downtown Evanston, IL agreed to merge their assets and form the Evanston Collegiate Institute.  The name changed to Kendall College in 1950.  Kendall initially offered two year degrees and baccalaureate programs were added after 1977.  It was known for its School of Culinary Arts which was started in 1985.  Kendall moved to downtown Chicago in 2005 from Evanston and also became part of La...