Denver Business Journal — The Art Institute of Colorado, after more than a half century in Denver, appears to be closing for good.
Dream Center Education Holdings Inc., the school's owner, filed a Worker Readjustment and Retraining Notification Act layoff notice with the Colorado Department of Labor and Employment, indicating that 160 people will lose their jobs because of the closing.
School officials were a little hazy in discussing the closing, saying only in a statement that "we have been undergoing an ongoing process of evaluating the viability of certain campus-based programs relative to student needs and preferences in order to best support our students, both present and future. As a result of that examination, we have made the decision to cease new enrollments for a number of schools within The Art Institutes, Argosy University, and South University systems."
Dream Center acquired the Denver campus, as well as 30 others, late last year.
Read more at the Denver Business Journal: https://bit.ly/2KLgvMD
