Online Learning Update

May 6, 2019

Sudden death: Can the most damaging kind of for-profit closure be prevented?

Filed under: Online Learning News — Ray Schroeder @ 12:05 am

Ben Unglesbee, Education Dive

Dream Center Education Holdings was the third major for-profit college system to close since December, coming on the heels of Education Corporation of America (ECA) and Vatterott Educational Centers. Taken together, the shutdowns signal that the for-profit sector’s reputational and financial troubles aren’t over, even after a period of consolidation and relative quiet following the collapses of ITT Technical Institute and Corinthian Colleges during the Obama administration.┬áThe recent spate of abrupt closures presents an alarming trend in for-profit higher ed’s consolidation.

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