Students at Broadview University in Orem, Utah were recently informed that the school is selling their building and their campus will close at the end of the semester. The students were told they could transfer to another Broadview University campus or finish taking classes online.
It has been widely reported that Brown had enrolled at for-profit Vatterott College, although the school has declined to confirm that information. Vatterott, whose investors include Mitt Romney, has a history of deceiving and abusing students.
News stories about student loan debt have suddenly become as numerous as stories on the U.S. economic recovery. For some really scary statistics, check out a recent College Board study on for-profit colleges.