Everest College Files For Bankruptcy Protection

Source: CBC via Academica

Everest College filed for bankruptcy protection on Friday, one day after Ontario shut down its 14 campuses in the province. Provincial Minister of Training, Colleges and Universities Reza Moridi said, “since the suspension occurred, the superintendent [of private career colleges] has been working diligently to put training completion plans into place for students. While this is still a challenging situation for students, Everest’s bankruptcy does not change these ongoing efforts.” Moridi also emphasized that the bankruptcy should not affect the province’s ability to administer the Training Completion Assurance Fund set aside for Everest’s former students.