WASHINGTON—The six for-profit Everest College campuses in the Chicago suburbs are for sale, the Department of Education is now overseeing the parent company under an agreement effective Tuesday and Sen. Dick Durbin, D-Ill., is urging students to not enroll in these schools.
Corinthian Colleges, Inc. is the parent company of Everest College, with about 3,000 students attending classes — most in health care fields — in Skokie, Bedford Park, Burr Ridge, Merrionette Park, Melrose Park and North Aurora.
In a July 2 filing with the Securities and Exchange Commission, Corinthian Colleges, headquartered in Santa Ana, California, disclosed that the company is now running under an “operating agreement” negotiated with the Department of Education.
Durbin is blasting the Education Department for not banning new Everest enrollments. Durbin told me Wednesday, “Corinthian is back on the air advertising for new students for Everest Colleges in the Chicago area. What a fraud.”
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