Everest College

In 2010, Corinthian Colleges consolidated a number of schools under the Everest brand name. Former schools that became Everest Colleges include: Bryman College, Ashmead College, Florida Metropolitan University, Olympia College, Kee Business College, Parks College, Western Business College, Blair College and Springfield College. In December 2009, Corinthian Colleges, Inc. (CCi) re-branded their campuses as Everest College and sold the remaining campuses. Eminata Group.

In Milwaukee, Wisconsin, where a Corinthian Everest campus was financed with $11 million in city bonds, 25% of students found jobs and over half dropped out; the campus closed in 2012, two years after it opened.

The diplomas issued by Everest College were described as worthless as many graduated students found no job placement, the reputation tainted.

The Ontario government stepped in and shut down 14 Everest College of Business, Health Care and Technology campus locations owned by Corinthian Colleges on February 19, 2015. The next day, Everest College declared bankruptcy.

In February 2015, Educational Credit Management Corporation's subsidiary Zenith Education Group acquired 56 Everest College and WyoTech campuses from Corinthian. Zenith planned to transition the schools from for-profit to nonprofit status. It also planned to eliminate some programs with poor completion and job placement rates. Campuses with little to no revenue along with the 15 Everest campuses in California, which were not acquired by ECMC, closed their doors for good when Corinthian Colleges shuttered all of their remaining campuses on April 27, 2015.

In March 2016, the US Department of Education fired Everest College's monitor, Hogan Marren Babbo & Rose Ltd., implicating several conflicts of interest. The State of California was also awarded $1.1 billion from Corinthian Colleges for false advertising and predatory business practices. The judge ordered restitution of $820 million for students.

A 2016 Associated Press investigation alleged that Everest still recruits through telemarketing, has yet to make significant changes to its shoddy curriculum. Recent graduates also reported being unable to find work that would allow them to pay their student loans.

The National Center for Education Statistics lists the following Everest Colleges and their 2015–2016 enrollments and accreditation status:

Colorado Springs (CO) – 209 (ACICS)

Thornton (CO) – 232 (ACICS)

Orange Park (FL) – 368 (ACICS)

Legal proceedings

In the United States

Everest was one of 15 for-profit colleges cited by the Government Accountability Office for deceptive or questionable statements that were made to undercover investigators posing as applicants. Two unnamed campuses were cited in this report. Department of Education statistics indicated that Everest College graduates had the highest default rate of any school in California for students entering repayment in 2010 and the fifth highest rate in Arizona.

In September 2010, a group of Everest College graduates sued the school for fraud, alleging deceptive recruitment practices concerning costs of attendance, the value of the degree, and whether credits earned there would transfer to other schools.

In 2012, Everest College in Hayward, California was issued a "Notice to Comply" by the California Bureau for Private Postsecondary Education for multiple violations, including engaging in "prohibited business practices".

In Canada

In 2014, Everest announced the sale of all 14 locations in Canada after a probe by the parent company over concerns of falsified job placement and grades. In February 2015, Canada's National Association of Career Colleges announced that Everest College's Ontario locations had their operating license suspended by Ministry of Training, Colleges and Universities (Ontario).

On February 19, 2015, Ontario's superintendent of private career colleges, the independent regulator that governs schools like Everest and others in the province, said it has suspended the chain's licence to operate in Ontario as a private college, effective immediately.

Former students and teachers claim the college was corrupt and a scam. On February 20, 2015, Everest College Canada filed for Bankruptcy protection.