Laurus Technical Institute, a three-branch for-profit college in Georgia, closed on Monday without advance word, WXIA reported. Students arrived for classes to find signs on the door telling them the college was closed. Staff members reported that the owner, who could not be reached, sent them email messages saying he lacked the financing to continue operations.
Read more at Inside Higher Ed: https://www.insidehighered.com/quicktakes/2015/03/24/profit-georgia-closes-without-warning