After years of enrollment losses, Anthem Education, a for-profit chain of colleges and career institutes, filed for bankruptcy on Monday, InsideHigherEd.com reported today. The company has abruptly shut down a number of its campuses, leaving state agencies struggling to funnel displaced students into other institutions. Anthem had 41 campuses prior to declaring bankruptcy. Before it filed for bankruptcy, the company sold 14 campuses to International Education Corp. Anthem is in the process of selling an additional 14 campuses to IEC, but requires federal approval to do so. Unless the U.S. Department of Education approves the transaction today, nine of those 14 campuses will close, Anthem officials said.
