TORONTO – Ontario is moving to shut down American-based Everest College, which operates 14 private career schools across the province, and offering help to students try to recover some of their tuition payments.
The superintendent of private career colleges suspended all Everest College campus activities, which government officials say will prevent it from declaring bankruptcy, at least in the short term.
The suspension will affect about 2,450 students and 450 staff at Everest College, which announced last summer that it was looking to sell off or close down all its campuses in Ontario.
Colleges and Universities Minister Reza Moridi says officials from his office will be at every Everest campus, including at night classes, to give students information about what they can do next.
Students will be offered help to find another career college they can transfer to and complete their education or apply for a refund from a $3 million fund set up for that purpose.
However, there are no guarantees anyone will get a full refund of their tuition fees.
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