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Virginia College, Brightwood College and others suddenly stay

Alexis Gurrola, a dentist at Brightwood College, said she was told Wednesday, December 5, 2018 that the college closed. She…

Alexis Gurrola, a dentist at Brightwood College, said she was told Wednesday, December 5, 2018 that the college closed. She said students and employees were told they would finish the week but that classes would not be resumed next week. Dozens of college studies across the country suddenly closed this week after their parent company lost their accreditation and funding.

The schools are owned by Birmingham, Alabama-based Education Corp. of America (ECA), which runs over 75 universities in the United States. Its campus operates under different names, many of which offer “career-focused” diplomas

A statement on the ECA Student Information Page announced at the end of December 2018 at the campuses, including those who seem like Brightwood College, the Brightwood Career Institute, Ecotech Institute, Golf Academy of America and Virginia College. 19659006] The move will come after the accreditation board for independent colleges and schools interrupted ECA accreditation on 4 December.

The company is one of the country’s largest profit-making colleges, serving at least 20,000 students, Inside Higher Ed reports. 19659006] Nov. 30: The University’s opposition to a student union can hinder organizational work nationwide

Nov. 6: Sadly with huge student loan debt, homeowners contribute more to buying a house

On Wednesday, Corpus Christi, Texas, crossed the branch of Brightwood College on its way around the campus.

Alexis Gurrola, a student in the dental assistant program, said she does not know what her next step will be. She was “top of class” and got straight. As in the four months she participated in Brightwood.

“They do not really have many answers for us,” said Gurrola. “We can take our final exam and get credit for this last course.”

Lack of accreditation was a fatal blow to fight for the ECA. In October, the company reported nearly $ 50 million in debt to unsecured creditors and called on ECA to seek remedies before landlords rejected it from their locations.

The company announced earlier that some places would be closed after the students had finished classes.

A letter addressed students by Stu Reed, ECA’s President and CEO, quotes exchange of Department of Education requirements during company restructuring as a challenge the company met.

The letter in its entirety reads:

Dear Students,

At the beginning, we take a path to dramatically restructure the Education Corporation of America * (parent company on campus where you applied) for the best attitude for the future. This plan involved the commitment of additional funds from investors.

But recently, the Department of Education has made demands that made our schools more challenging. In addition, ACICS closed last night our school’s accreditation with the intention of withdrawing. The uncertainty in these demands resulted in the inability to acquire additional capital to drive our schools.

It is with great regret that this series of recent circumstances has forced us to cancel our school’s activities. Unfortunately, it means your notification will be canceled and there will be no future lessons on campus where you registered or any education in the United States.

We encourage you to pursue your career education with another school in your area offering the same or similar programs.

This is clearly not the result we predicted for you or our schools, and it is with great regret to inform you about this direction.

Stu Reed,

CEO

If a school closes, students with loans can allow the US Department of Education to cancel these loans, according to the Project of Predatory Student Lending Director Toby Merrill.

The ECA did not immediately return a US-day request for comment. 19659006] Contributing: Christopher Salvemini, Knoxville News Sentinel; Julie Garcia, Corpus Christi Caller Times; Associated Press.

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