Sanford Brown, the for-profit school that opened two years ago in Cranston, is closing.
The school is one of more than 20 that is being shuttered around the country after the company has experienced a decrease in enrollment and steep losses. In the quarter ending Sept. 30, the company reported losses of $30.8 million.
Students at the school will be allowed to finish their programs of study, but no new students are being accepted, a company spokesman said.
“We are taking the difficult step of closing campuses and reducing our workforce because these measures are essential to advancing the turnaround of Career Education,” Chairman, President and Chief Executive Officer Steven H. Lesnik said. “To move forward successfully, we must align the organization to the new market realities in private postsecondary education.”
The Cranston campus was previously a Katherine Gibbs school, which closed in 2009.
The campus is expected to stay open until January 2014.
A note on the company's Web site states that Cranston is no longer accepting new student applications but : "we are committed to providing students with the knowledge and skills needed to pursue success in their chosen careers, and we are very proud of the education we provide."
If you’re a current student or alumnus of the Cranston campus and have questions, call the campus President at the following number: (401) 824-5300.
Note: A previous version of this article said the school will close permanently in January. It has been clarified to state that it will be open until January 2014.