The Meltdown of a For-Profit College Behemoth

By Alia Wong. Corinthian Colleges, Inc., was once one of the largest for-profit higher-education companies in North America. The 20-year-old company owned well-known subsidiaries like Heald and Everest, institutions that pledged to provide affordable, efficient vocational training to nontraditional college students: single parents, military vets, high-school dropouts who wanted to get back on track. More...