Le Cordon Bleu College of Culinary Arts shutting all 16 of its outposts in 2017.
BY JACOB PALMER | DIGITAL NEWS EDITOR
Unable to adjust to recent changes in the law, Le Cordon Bleu College of Culinary Arts will shut all 16 of its outposts in 2017.
That includes the campus in downtown Portland.
Career Education Corp., which owns and operates the schools, announced Wednesday that it would phase out the culinary programs by September 2017. New enrollments won’t be accepted after classes begin in January, though new students will be able to complete their training.
The company said it decided to close the schools in the wake of recent federal regulations limiting federal funding to for-profit schools. One new rule limits student loan payments to 20 percent of a graduate’s after-tax wages.
“New federal regulations make it difficult to project the future for career schools that have higher operating costs, such as culinary schools that require expensive commercial kitchens and ongoing food costs,” President and Chief Executive Todd Nelson said in a statement to The Los Angeles Times.
(READ MORE: OregonLive.com)
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