Corinthian Colleges announced Sunday it would immediately close its remaining 28 for-profit schools, ending classes for around 16,000 students in what is believed to be the biggest shutdown in the history of American higher education. In a statement and an email to students, Corinthian said it would tap government agencies to help place students enrolled at its Heald College locations in California, Hawaii, and Oregon and at Everest and WyoTech campuses in California, Arizona, and New York. The news comes just weeks after the U.S. Department of Education said it would fine Corinthian $30 million for inflating job-placement data and altering grades and attendance records.
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