GRAND RAPIDS, Mich. (WOOD) – Everest Institute locations in Grand Rapids in Kalamazoo will close sometime in the next year, according to Corinthian Colleges, Inc.
As part of an agreement with the U.S. Department of Education, Corinthian Colleges, which owns Everest Institute schools, will work to sell 85 higher education campuses that will operate under several different college names. The education group will also “teach-out” 12 other schools across the country.
Everest Institute has five locations in Michigan. Three will be sold and the schools in Grand Rapids and Kalamazoo, which together have about 600 students, will eventually close.
The Grand Rapids and Kalamazoo locations will no longer accept new students, and current students and staff will remain in the classroom under the “teach-out” plan. Once all of the students have finished their programs, the schools will close.
Any student who enrolled after June 23 will be allowed to get a tuition refund if they chose not to continue with their program.
Requests by students who began programs — which usually take about a year to complete — before June 23 will be handled on a case-by-case basis.