Thread regarding Career Education Corp. layoffs


What's a Perdoceo?

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Career Education Corp., the Schaumburg-based for-profit college group that became part of a federal investigation into recruiting and student loan practices by the industry earlier this decade, announced Wednesday the company will change its name to Perdoceo Education Corp. on Jan. 1.
Perdoceo in Latin means "to teach, inform, or instruct thoroughly," according to company officials, and Nelson said the name reflects the company's evolution "to providing a quality education to students."
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