For-Profit Colleges | Texas Public Radio

For-Profit Colleges

The San Pedro campus of Brightwood College San Antonio locked its doors on Dec. 5, 2018, the day its parent company announced it was closing.
Camille Phillips | Texas Public Radio

Government agencies and higher education institutions are compiling resources to help students who were enrolled at Brightwood College finish their education.

Education Corporation of America, Brightwood’s parent company, abruptly announced last week that all of its campuses were closing at the end of the current term. To help students navigate their options, here are some answers to common questions.

Students pick up transcripts at the Ingram campus of Brightwood College San Antonio after learning their school was closing Dec. 5 2018.
Camille Phillips | Texas Public Radio

Updated 9 p.m.

Students at Brightwood College in San Antonio were told Wednesday that their school was closing effective immediately.

Joey Palacios / Texas Public Radio

Students at the for-profit Career Point College are at a loss for what to do next after the college suddenly ceased operations Monday.  The closure leaves students, many who took out $30,000  in loans, with questions about their educational future.

Nursing student Jessica Carta received the news via her student portal.

“I was just shocked. I just wanted to know what I am I going to do. I have a son I have to provide for. I have to start working soon," Carta says.

flikrUser: Images_of_money

In the past 6 months, 7,500 people representing a combined $164 million in student loans have asked to have their student loans forgiven. Citing a 20-year old law that had before 2015 only been used 3 times, the law provides  loan forgiveness for defrauded students.