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Low job placement rates puts for-profits at risk

New figures show two California campuses owned by for-profit education firm Career Education Corp. appear to have placed fewer than 65 percent of graduates in jobs – the minimum job placement rate required by the Accrediting Council for Independent Colleges and Schools, California Watch reports. And while Career Education officials disclosed [1] earlier this month that job placement rates at 36 of 49 health education and art and design schools had fallen below the minimum required by the accrediting agency, the new data [2] show that as many as 45 of the campuses may have missed the mark.

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