Corinthian Colleges, Inc. (OTCMKTS:COCOQ) was a publicly traded for-profit post-secondary education company that operated vocational and career training programs across North America. The company offered a range of certificate and degree programs in fields such as healthcare, skilled trades, business administration, information technology, and criminal justice. Courses were delivered through a network of ground campuses under brand names including Everest College, WyoTech, and Heald College, as well as through proprietary online learning platforms designed to serve working adults and career changers.
Founded in 1995 through the merger of several regional vocational schools, Corinthian Colleges embarked on rapid expansion throughout the late 1990s and 2000s. By leveraging federal student aid programs, the company grew to operate more than 100 campuses in over 20 U.S. states and Canada. During its peak years, Corinthian invested in technology infrastructure, career service offices, and strategic partnerships with industry associations to facilitate graduate job placement. Regulatory changes and mounting compliance challenges ultimately led the company to file for Chapter 11 bankruptcy protection in May 2015. Following the bankruptcy, significant portions of its campus network and student loan portfolio were acquired by the nonprofit ECMC Group and restructured under the Zenith Education Group banner.
Throughout its history, Corinthian Colleges maintained accreditation from bodies such as the Accrediting Commission of Career Schools and Colleges (ACCSC) and held proprietary licenses with individual state regulators. Leadership included long-time CEO Jack P. Massimino, who guided the company through much of its expansion phase, and members of its board of directors, which drew expertise from both education and corporate governance backgrounds. Despite the company’s eventual dissolution, its legacy continues to influence regulatory oversight and best practices within the for-profit education sector.
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