Item 8.01. Other Events.
On December 5, 2012, the Accrediting Commission of Career Schools and Colleges
("ACCSC") sent letters notifying Career Education Corporation (the "Company")
that at its recent meeting, ACCSC vacated the June 2012 show cause order for all
ten of the Company's ACCSC-accredited campuses. These campuses are now free to
pursue new program approvals. These campuses were asked to provide additional
data regarding the reporting of employment placements and independent
re-verification of placements on a periodic basis.
ACCSC also granted a five-year renewal of accreditation for Le Cordon Bleu
College of Culinary Arts in Miramar, FL (going forward from August 2011) and,
for Brown College in Mendota Heights, MN, a four-year renewal of accreditation
(going forward from January 2011), approval of a change of location and approval
of two new academic programs.
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