About Career Education Corporation
Career Education Corporation (CECO) is a for-profit postsecondary higher education provider with campus-based and online programs, headquartered in Schaumburg, Illinois. The companys schools offer associate, bachelors, masters, doctoral, and certificate programs in career-focused disciplines. The organization will close most of its 50 campuses in the United States as the corporation downsizes to two primarily online brands: American InterContinental University and Colorado Technical University. In 2016, Career Education Corporation had about 43,000 students. However, approximately 9,400 students came from schools that are shutting down. According to a 2014 US Senate Health, Education, Education, and Pensions report, 48% of Career Educations programs would have failed or been at risk of failing the US Department of Educations new "gainful employment" standards.