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Corinthian Schools Inc history
Corinthian Schools Inc company history timeline
1995: Company is founded as Corinthian Schools, Inc., and acquires 16 colleges from National Education Centers, Inc.
That represented a four0year increase in revenues of over 400 percent, from the 1996 figure of $31.5 million.
In July 1998, however, they made the decision to go public, in order to repay the sizable debt incurred with the Phillips Colleges acquisition.
Company earnings more than tripled, from $4.5 million in 1999 to $15.4 million the following year.
In May 2000 Corinthian finalized a lease agreement that enabled it to open a new branch campus of the Florida Metropolitan University (FMU) in Jacksonville, Florida.
By the start of 2001, Corinthian had record numbers of students in Internet-based distance learning courses.
Early in 2001, the company announced plans to open new schools in Dearborn, Michigan, and one in Skokie Illinois.
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Corinthian Schools Inc may also be known as or be related to CORINTHIAN SCHOOLS INC and Corinthian Schools Inc.