corinthian colleges sold to ecmc

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Corinthian Colleges, the for-profit company that ran Heald, WyoTech and Everest, is no more. In a deal that closed on February 3, 2015, the campuses have been sold to Zenith Education Group, a newly created nonprofit provider of career school training and a member of ECMC Group. As part of the deal, ECMC has agreed to a wide range of measures designed to protect past and current students of Corinthian.

Listen to today’s episode to hear about the $480 million worth of student loan forgiveness that Corinthian students can expect as part of the transaction.

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