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Posts tagged "Chapter 11"

Chapter 11 bankruptcy for college causes confusion

Have you ever heard of a college suddenly closing, leaving students, some of which were on the brink of graduating, without a complete college education? This is what happened at Bryman College, which operates 11 campuses. The college filed for Chapter 11 bankruptcy and fired all of its employees before emailing all of its students to tell them the school was closing for good because of financial reasons.

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