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Corinthian to close campuses in 11 states

WASHINGTON (AP) -- For-profit education company Corinthian Colleges Inc. says the dozen campuses it is closing are scattered in 11 different states and operate under the Everest name.

Corinthian and the Education Department reached an agreement late last week that has the company shutting down those campuses and putting 85 U.S.-based campuses up for sale.

The company says about 3,400 of the 72,000 students who attend schools owned by Corinthian will be affected by the closures.

The Education Department has said it has concerns about the company, including allegations of falsifying job placement data used in marketing claims to prospective students.

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