There is shock, anger and considerable grief among poorer students trying to better themselves at the abrupt closure of Everest College. The college, operated on 14 campuses in Ontario, was told today it is no longer authorized to operate in Ontario. It appears Everest has been on a slippery slope since the U.S. Department of Education began withholding monies. This occurred because Everest in the U.S. had allegedly offered irregular information about career opportunities with certain diplomas. In this CBC report students at an Ottawa campus express heart-rending sorrow at the outcome. On Thursday, the superintendent of private career colleges, the independent regulator that governs schools like Everest and others in the province, said it has suspended the chain’s licence to operate in Ontario as a private college, effective immediately. The office “can propose to revoke a private career college’s registration if [the superintendent] no longer satisfied that it can be expected to be financially responsible in its operation as a private career college, considering its current financial position,” the regulator said in a statement. Toronto Star