Globe University and MN School of Business are closing all campuses

Globe University and Minnesota School of Business campuses will all be closed by the end of January.

The decision to close the for-profit schools comes after they lost their federal student aid funding – which happened because the schools didn’t meet the U.S. Department of Education’s requirements or standards. Globe is appealing that decision.

In September, Globe University and the Minnesota School of Business were found guilty of misleading students in the criminal justice program. Minnesota Attorney General Lori Swanson filed a lawsuit against the schools in 2014, accusing them of misrepresenting the jobs students could get with their degree. That left students in mounds of debt to pay off.

What happens to the students

The schools outlined what will happen next for students, noting Globe University locations in South Dakota and Wisconsin will close Dec. 31, while the Minnesota School of Business campuses will remain open “through at least the end of January.”

Read more: http://www.gomn.com/news/globe-university-and-mn-school-of-business-are-closing-all-campuses/