Dive Brief:
- The abrupt closure of small for-profit school Missouri Tech has left state officials scrambling to help 60 students decide what to do with their unfinished credentials.
- Missouri Tech told state regulators of its intent to close for financial reasons just days before locking students out mid-term.
- The state is helping match students with similar programs at other schools, but if students transfer, keeping their Missouri Tech credits, they’ll still be responsible for repaying their student loans.
Dive Insight:
Like with students left stranded by the abrupt closure of all Corinthian Colleges subsidiaries, Missouri Tech students will have the opportunity to get out of their student loan commitments by giving up their credits. This will mean any time spent attending classes was wasted.
Along with updated information for Missouri Tech students on its website, the Missouri Department of Higher Education continues to post information for former Anthem College students, who were locked out during that for-profit institution’s own abrupt closure in 2014.
