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related: Le Cordon Bleau's US cooking schools are closing down: The company cited "the impact of the federal government's new regulations on career colleges" f
by aaronchall 11y ago
related: Le Cordon Bleau's US cooking schools are closing down:
The company cited "the impact of the federal government's new regulations on career colleges" for its decision, referring to "the Obama administration's gainful employment rule, which cuts off federal financial aid to schools where graduates borrow money at high rates to pay for school but earn little after graduation."
http://www.eater.com/2015/12/17/10401492/le-cordon-bleu-cooking-school-america-closing http://www.eater.com/2015/12/17/10401492/le-cordon-bleu-cook...
Though I would expect trade schools to continue flourishing...