For-Profit College Chain, Education Corporation of America, Announces Shutdown
ECA has been mired in financial troubles and on Wednesday officials said most of its campuses will close by the end of the month. The decision leaves about 20,000 students in the lurch.
A for-profit college chain mired in financial troubles announced on Wednesday it is shutting down dozens of campuses across the country by the end of the month. The abrupt decision comes a day after the company lost its accreditation and funding, leaving frantic students scrambling in the final days of the year to enroll in new schools.
The Education Corporation of America, based in Birmingham, Ala., operates 75 campuses â primarily under the names Brightwood College, Brightwood
