Corinthian College Students Await Their Fate as Breakup Looms

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Corinthian Colleges Inc.’s 72,000 students will soon be swept into the biggest collapse the U.S. for-profit education industry has ever seen.

Jessica Arellano, 30, a medical assistant student at Corinthian’s Everest College in West Los Angeles, said on Friday that she wasn’t aware of the company’s situation and that she received a confusing e-mail last week assuring her that classes and student aid would continue as usual.