Photo courtesy of Everest's Facebook page.

After a long reign as the fastest-growing and most problematic sector in higher education, for-profit colleges are on the ropes.

This week the U.S. Department of Education announced that it will review how federal student aid is administered at one of the country’s largest for-profit colleges, the University of Phoenix. Owned by the publicly traded Apollo Group, the University of Phoenix enrolls over 200,000 students, rivaling the size of the nation’s largest public university system…

Corinthian has a dozen schools in Florida. One is Everest University, in Pompano Beach, just blocks from the Atlantic Ocean. Joshua Llanos, 25, is a typical Corinthian student. He heard an ad for Everest while applying for a job at Costco, and has just signed up for a course in business administration.

“I’m looking for a career, yes. I’m looking for a career, and I’m looking for ways to experience the field so I have knowledge when I start in my own business, you know, someday.”

But Llanos hadn’t heard that Everest’s parent company, Corinthian, is selling this Pompano Beach campus and 84 other schools across the U.S. It looks like business as usual here at the eight-story office building, where a sign in the window still reads “Everest University, Changing Students’ Lives.”

“To me it seems like a solid place to go to,” Llanos says. “I’m trusting them in helping me out.”

According to an NPR interview, as of July, Corinthian had plans to sell its campuses within six months.

There’s an Everest College located in Woodbridge at 14555 Potomac Mills Road.

The Woodbridge campus of Everest College. Photo courtesy of Everest

Read the full article at: NPR.

By: Contributing Author

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