2015 news archives

View current news >

WyoTech and USMEA Team Up to Restore 1966 Ford Mustang

November 3, 2015

Military Tribute Vehicle will be used to Promote Technical Education Among Service Members Rebuild Showcases In-Demand Technical Skills of Graduates from Nonprofit Provider of Career School Training LAS VEGAS, Nov. 3, 2015 – WyoTech and the United States Military Education

Learn more >

Operating with Accountability and Transparency

October 20, 2015

Earlier this year, Zenith Education Group, a nonprofit provider of career school training, purchased more than 50 Everest and WyoTech campuses from Corinthian Colleges Inc. By stepping in to avoid a sudden shutdown of Corinthian, Zenith and the Department ensured that thousands of students had the opportunity to continue their education with minimal disruption and with significant savings in taxpayer investments.
Learn more >

New Everest University owner finding jobs, cutting costs for students

August 31, 2015

POMPANO BEACH, Fla. — Marsha Bruce sees her new job as a sign that the new owners of Everest University are serious about improving the once-troubled school in Pompano Beach. Bruce, who is studying to become a paralegal in a

Learn more >

Mazda & WyoTech Partner to Train Next-Generation Automotive Technicians

August 13, 2015

WyoTech Students at Blairsville, Pa. and Laramie, Wyo. Campuses to Access In-Demand Training with All-New Mazda Curriculum IRVINE, Calif. (Aug. 13, 2015) — Mazda North American Operations (MNAO) today announced a three-year partnership with WyoTech, one of the country's premier

Learn more >

Zenith Education Group: The First Six Months

August 11, 2015

A Summary Zenith Education Group (Zenith) was launched in February 2015 with ECMC Group's acquisition of more than 50 Everest and WyoTech career colleges from the now defunct for-profit Corinthian Colleges chain. The schools were immediately transitioned to nonprofit status,

Learn more >

Zenith Education Group Names Provost and Chief Academic Officer

July 9, 2015

Dr. Mary Ostrye Will Bring 35 Years of Academic Leadership Experience to Improving Student Outcomes OAKDALE, Minn., July 9, 2015 – Zenith Education Group (Zenith) has appointed Dr. Mary Ostrye as the first provost and chief academic officer of its

Learn more >

Information regarding Dept. of Education Debt Relief Program

June 11, 2015

On June 8, the U.S. Department of Education (Department) published information related to a new debt relief process for Corinthian students, with the title of “Fact Sheet: Protecting Students from Abusive Career Colleges” (Fact Sheet). The information below summarizes the

Learn more >

Inside Higher Ed: Rebooting the Career College

June 4, 2015

SAVANNAH, Ga. — As a guarantor of student loans that specialized in collecting from students on the precipice of bankruptcy, the Educational Credit Management Corporation saw up close the “impact of students taking on debt, dropping out of school and

Learn more >

Good Samaritan helps save man stabbed outside mall

April 30, 2015

ATLANTA — Police are searching for a man who detectives say stabbed then robbed a shopper outside of Greenbriar Mall. The incident happened around noon Friday. The good Samaritan who came to the victim’s rescue spoke about helping the man.

Learn more >

Daytona News Journal: New WyoTech owners look to focus job placement

March 23, 2015

The interim president of the company that now owns WyoTech Daytona toured the school Monday for the first time and told students working on motorcycles that he’s just a phone call away. “Call me when you get a job,” Troy

Learn more >

Laramie Boomerang(Wyoming): Zenith Education Group interim president weighs in on WyoTech’s future

March 1, 2015

Longtime WyoTech Campus President Guy Warpness is no stranger to changes in ownership at the local trade school, but when the school’s former parent company, Corinthian Colleges, Inc., shut down last year, the future of WyoTech was anything but certain.

Learn more >

Pittsburgh Tribune-Review (Indiana): WyoTech Staff, Courses to Stay in Place Under New Owner

February 13, 2015

With the Feb. 3 announcement that the school transfer was completed, three WyoTech automotive schools — at Blairsville, Laramie, Wyo., and Ormond Beach, Fla, — along with numerous Everest career school campuses shifted from Corinthian’s for-profit operation to nonprofit status.

Learn more >

Portland Tribune: New Management Changes Direction of For-Profit College

February 12, 2015

“A Tigard college has a new lease on life after it announced this week that it was changing from a for-profit company to a non-profit college. “Everest Institute, on Southwest Oak Street in Metzger, is one of 56 for-profit schools

Learn more >

Wyoming Public Media: WyoTech Becomes A Non-Profit School

February 10, 2015

“On the verge of closing down, the technical school WyoTech has been bought and will now become a non-profit college.  Last week, Zenith Education Group acquired the school and 50 others. The move comes after scandals at WyoTech’s previous owner, Corinthian Colleges forced the

Learn more >

Casper Star-Tribune: WyoTech Students Offered Debt Forgiveness Following College’s Sale

February 6, 2015

“All the schools purchased by Education Credit Management Corp. have been transitioned from for-profit to nonprofit institutions, creating the largest nonprofit career college system in America, according to a Tuesday press release from the company. ‘That’s a huge change for

Learn more >

Inside Higher Ed: Corinthian Sale Goes Through

February 4, 2015

“A student loan guaranty agency finalized its purchase of roughly half of the for-profit Corinthian Colleges chain this week. And the announcement included new, student-centric concessions that earned praise from federal agencies and some consumer groups.” Click here to read

Learn more >

St. Paul Pioneer Press: Oakdale Nonprofit Takes Over Troubled College Chain

February 3, 2015

“The new arm of an Oakdale-based student loan collection agency is now the largest career college system in the nation after completing the purchase of the troubled Corinthian College chain.” Click here to read the full article,

Wall Street Journal: Corinthian Colleges Buyer Agrees to Forgive $480 Million in Student Loans

February 3, 2015

“The new owner aims to transform the acquired schools “into first-rate career colleges where success is measured not by how many students we enroll, but by how many students complete their programs and get fulfilling jobs when they graduate,” said

Learn more >

Washington Post: Here’s How a Debt Collector Plans to Turn Around Failing For-Profit Colleges

February 3, 2015

“Student debt collector ECMC Group on Monday completed its controversial purchase of more than half the campuses of Corinthian Colleges, the embattled for-profit education company that was once one of the biggest in the country.” Click here to read the full article.

U.S. Department of Education Press Release: More than 50 Corinthian Campuses Transition to Nonprofit Status under Zenith Education Group

February 3, 2015

“Zenith Education Group, a newly created nonprofit provider of career school training, announced earlier today that it had finalized its acquisition of more than 50 Everest and WyoTech campuses from Corinthian Colleges Inc., a transaction that was first announced in

Learn more >

Zenith Education Group Press Release: Zenith Education Group Transitions More Than 50 Corinthian Campuses to Nonprofit Status, Announces Suite of Changes Designed to Put Students First

February 3, 2015

“Zenith Education Group (Zenith), a newly created nonprofit provider of career school training and a member of ECMC Group, announced today that it has finalized its acquisition of more than 50 Everest and WyoTech campuses from Corinthian Colleges, Inc. and

Learn more >