ECMC Group Press Release: ECMC Group Announces Acquisition, Plans to Take 56 Corinthian College Campuses Nonprofit

"ECMC Group today announced that it has entered into an agreement to acquire 56 Everest and WyoTech campuses from Corinthian Colleges Inc. and transition them from for-profit to nonprofit status. ECMC Group, a nonprofit corporation with a long-standing mission of helping students succeed, intends to transform the culture and education model at the acquired schools, including lowering tuition and introducing strict accountability standards for program completion and job placement rates."

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