A school by any other name: NEC NIT Olymbia Everest Wyotech Corinthian .

. . . . . . . . . . . . . . . . . . . . . . . . . . . .National Education Center Campus National Institute of Technology, Olympia, Everest, Corinthian. CCI, and many many more.

What do they have in common? All are schools owned by Corinthian Colleges Inc. And all are preditory trade schools.

Many of the aboved named schools are the same school whose name has changed over the years. But their practices are still the same.

The history of National Institute of Technology (NIT) is diverse. Each campus was acquired individually; however, together they comprise a national school system providing students with a "total" educational experience. (yeah, totaly getting ripped off) National Institute of Technology in Long Beach, California, was originally founded in 1969 as the Rosston School. In 1986, the school was acquired by Educorp, Inc. and renamed as Educorp Career College. Corinthian Schools, Inc. (CSi) acquired the campus in 2000 and subsequently changed the name of the campus to National Institute of Technology. Corinthian Schools, Inc. is a division of Corinthian Colleges, Inc. (CCi). Corinthian Colleges, Inc. is one of the largest postsecondary school organizations in the United States, operating more than 80 colleges and institutions across the country.

And that is true of ONE campus, the Longbeach one. The NIT campus that I went to, in Wyoming Michgian was bought by another company, who changed the name of that school to Olympia college, who was then bought out by Corinthian schools.

Does anyone here see a SHELL GAME going on besides me?!!

These schools pop up in an area, stick around for a few years, then change names, or get sold out or something, eventually winding up at corinthian as the parent holder of the company. Was this the result of the new Student loan requirements imposed by the US Congress who rewrote the student loan laws back in the late 1980's due to the high default rates that back then?

As the chart clearly shows, the default rates hit their higest rates in the late 1980's early 90's when congress started imposing new regulations on the schools. Default rates started to decline, but the problem of what to do with the victims of the schools prior to the new laws, was never addressed.


As far back as 1994, the default rates were still above 10 percent, with 1988, 1989, and 1990 being the higest years of defaulted rates. Yet still I can find stuff on the internet showing these schools are still doing the very same things they were doing back then.


It is possible, that these schools being traded or bought out by various companies came under better management over the years, and perhaps Corinthian colleges should be given credit for bringing those default rates down. However, I still see complaints about that school and its subsidiaries on the internet. And many of the postings are recent - within the last 3 years.


I think the historical documents will show that these schools knew what they were doing. And as such victims of these schools should be entitled to some kind of comphensation. The question is how to get it for those of us who have not yet, or are just now speaking up for the first time.