Corinthian to Sell 2 WyoTech Campuses
- Corinthian's failure (and U.S. role in it) fuels for-profit critics
- Corinthian Colleges contemplates sale amid declining enrollment and revenue
- For-profit chain works with feds on phase-out plan
- Major for-profit chain faces bankruptcy as feds turn up heat
- Wisconsin considers tighter for-profit rules as campuses close in Milwaukee
Corinthian Colleges Inc. on Tuesday announced that it would sell two of its six WyoTech campuses, located in California and Florida. The for-profit has yet to secure a buyer, according to a corporate filing, and will discontinue operations at the campuses until one is found. WyoTech's academic programs focus primarily on automotive technology. In March Corinthian announced the sale or closure of seven of its Everest College campuses, which had been struggling financially.