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Harrington College of Design will close, the Chicago-based for-profit announced on Wednesday. Career Education Corp., a national chain, owns Harrington. The college has struggled with declining revenue and enrollments, Crain's Chicago Business reported. Its total enrollment is currently 360 students. The college will work with Columbia College, a private institution, to ensure that those students can finish their academic programs. 

"Harrington regrets having to make this decision," the college said in a statement, "but it became necessary because of increasing financial deficits caused by multiple years of continuous declines in enrollment, as well as increased regulatory burdens facing private sector higher education institutions like Harrington."