Tough Times Ahead For 16,000 Students Of Disgraced College Chain

Molly Hensley-Clancy:

Don’t tell Natalie Anderson that she is better off without Everest College.

Until Sunday, Anderson was a student in medical assisting at Everest College in Phoenix. That day, she saw a message on Facebook: “This campus has been permanently closed.”

Anderson is unemployed, supporting two children on disability payments, and living in a Budget Suites of America, the only place she could find that came fully furnished. She’s “barely surviving,” she said, but dreams of becoming a nurse: “I want to get my kids off of the system.”

When she saw that Everest had closed, stranding her partway through her nine-month certificate, Anderson said, “I cried. Seriously, I did, because this was my chance.” Her voice broke: “Now I’m going to cry again.”

The saga of America’s largest for-profit college shutdown began last June and ended last week, when Corinthian Colleges abruptly shuttered 28 of its Everest and Heald college campuses. Since the beginning, when Corinthian began to teeter on the verge of collapse, there has been a tug between those who say Corinthian’s students are better off with their campuses closed — eligible to have their students loans forgiven — and those who say students should be allowed to finish their educations.