Skip to content
Subscriber Only

Corinthian Takedown Signals Tougher Education Agency Enforcement

For four years, the U.S. Education Department has threatened to rein in for-profit colleges and their soaring student debt. Now it has found a way.

The department has taken its toughest regulatory action ever against a for-profit college: putting Corinthian Colleges Inc., with more than 70,000 students, on the path to going out of business. At least two other large players ITT Educational Services Inc. and Education Management Corp., are also at some risk of stricter enforcement, analysts said.