Vatterott College

Vatterott College was a for-profit career training institute with programs at 16 campuses across the Midwest of the United States and online.

It was operated by Vatterott Educational Centers, Inc.,[1] which was based in St. Louis and owned by the private equity firm TA Associates.

The college also offered distance-learning programs, called eCompanion Courses, which allowed students to earn credits, diplomas, and degrees through online classes.

Vatterott College closed all campuses on December 17, 2018 citing a U.S. Department of Education decision to place it under heightened cash monitoring.

In June 1996, Vatterott College entered into a teach-out agreement with the Business and Banking Institute, which operated locations in Omaha, Nebraska, Des Moines, and Iowa.

In January 2007, Vatterott Education Center located in Dallas, Texas was approved as a branch campus of the Quincy main institution and has been closed since 2014.

[13] In January 2017, Brian Carroll, president of the college's Kansas City campus for the previous five years, was fired by the school because he allowed a homeless student to sleep in the library on a night where temperatures fell to −4 °F (−20 °C)[14] In 2017, forty programs at Vatterott failed the first test of the Obama Administration's gainful employment rule.

In October 2018, the Quincy, Des Moines, Wichita, Cleveland, and Oklahoma City campuses were permanently closed.