UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | August 5, 2010 |
Corinthian Colleges, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware | 0-25283 | 33-0717312 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
6 Hutton Centre Drive, Suite 400, Santa Ana, California | 92707 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | (714) 427-3000 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
On August 5, 2010, Corinthian Colleges, Inc. (the "Company") received a request for information from the U.S. Senate Health, Education, Labor and Pensions Committee (the "Committee") relating to its ongoing series of hearings on private sector education. The Company believes this request was extended to thirty private sector education companies, including all such publicly traded companies.
The request seeks information regarding how the Company recruits and enrolls students, sets program price or tuition, determines financial aid including private or institutional loans, tracks attendance, handles withdrawal of students and return of Title IV dollars and manages compliance with the 90/10 rule. The request also seeks information regarding the number of students who complete or graduate from the Company’s programs, how many of those students find work in their fields of study, the debt levels of students enrolling and completing programs and how the Company tracks and manages cohort default rates.
The Committee has also requested that the Company provide a broad range of information about its business, including detailed information relating to financial results, management, operations, personnel, recruiting, enrollment, graduation, student withdrawals, receipt of Title IV Program funds, accreditation, regulatory compliance and other matters.
The Committee has requested that the Company produce a portion of the specified information by August 26, 2010 and the remainder of the information by September 16, 2010. The Company intends to cooperate with the Committee’s request.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Corinthian Colleges, Inc. | ||||
August 9, 2010 | By: |
Stan A. Mortensen
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Name: Stan A. Mortensen | ||||
Title: Executive Vice President and General Counsel |