Corinthian Colleges, a for-profit education company with about 75,000 students nationwide, warned Thursday that it may fail as it clashes with U.S. regulators over student data.
Corinthian, which owns the Everest College, Heald College and WyoTech schools, said that the U.S. Department of Education has limited its access to federal funds after it failed to provide documents and other information to the agency.
That follows allegations that the company altered grades, student attendance records and falsified job placement data used in advertisements for its schools.