Another for-profit institution has closed its doors. Citing the discovery of internal violations of federal law, Career Point College has closed its doors effective immediately.
Together with last month’s nationwide closure of ITT Technical Institutes, over 40,000 students have found themselves without a school mid-semester. Career Point enrolled around 1,400 students at its three campuses in San Antonio, Austin, and Tulsa, Okla.
Like the ITT closure, the Career Point closure was swift and with little warning. Career Point officials told the Express-News that they are trying to help students with the transition to other institutions.
The University of the Incarnate Word, in a press release said that it planned to create avenues for former ITT students. The university will specify which ITT Tech courses are eligible for transfer as sufficient substitutions for courses in the Bachelor of Science in Computer Information Systems (CIS) and Bachelor of Science in Cyber Security Systems (CSEC) degree plans. Other courses may fulfill certain UIW core requirements.
The Rivard Report is currently looking into other institutions’ plans to absorb the thousands of students now seeking degree pathways.
The Express-News reported that three long-term Career Point employees had “collaborated to violate the rules related to student aid funds.” The violation led to the school’s closure.
ITT’s closure was due to the inability to comply with accreditation standards.