Corinthian, U.S. Expect to Reach Deal After Missing Deadline...
For-Profit Educator Said in June It Would Sell or Wind Down All of Its 107 Schools.
By
Michael Calia, Wall Street Journal
Updated July 2, 2014 9:12 a.m. ET
Corinthian Colleges Inc. and the U.S. Department of Education missed a Tuesday deadline to agree on an operating plan for the troubled for-profit educator, although the government said it believes a deal could happen within days.
"While we did not reach an agreement yet with Corinthian officials, we are optimistic that further conversations with the company will produce an acceptable plan in the next few days that protects the...