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Kansas-based career college files for bankruptcy

Posted at 3:00 PM, Apr 15, 2016
and last updated 2016-04-15 23:52:16-04

OVERLAND PARK, Kan. (AP) -- Kansas-based Wright Career College has filed for bankruptcy and abruptly closed its campuses in five cities in three states.

The Overland Park-based company filed for Chapter 7 bankruptcy on Friday in Kansas City, Kansas. The petition to liquidate assets estimated liabilities of $1 million to $10 million.

The closures affect campuses in the Kansas cities of Overland Park and Wichita, as well as Omaha, Nebraska, and Tulsa and Oklahoma City in Oklahoma.

The college had roughly 3,000 students enrolled during the 2014-2015 fiscal year and in recent weeks stopped accepting new students.

The college said in an email to students Thursday night that "with our deepest regret" it no longer is able to continue operations.

The school largely trains students for jobs as medical assistants, accountants and other business occupations.