What happened to Interboro Institute?

Published by Charlie Davidson on

What happened to Interboro Institute?

Interboro Institute, the fast-growing two-year commercial college in New York City that ran into problems with state regulators two years ago, will close on Friday because it cannot raise the money it needs to meet stiffer state requirements, according to a statement from its parent company on Monday.

When did Interboro Institute close?

December 21, 2007
(NasdaqCM:EVCI) today announced that the Board of Directors of EVCI and its subsidiary, Interboro Institute, Inc., have decided to close Interboro Institute on December 21, 2007, which is the end of its fall semester.

Is Interboro Institute accredited?

Interboro Institute is accredited by the New York Board of Regents and the Commissioner of Education and is authorized to confer Associate of Applied Science (A.A.S.) and Associate in Occupational Studies (A.O.S.) degrees. The Ophthalmic Dispensing Program is accredited by the Commission on Opticianry Accreditation.

Who took over TCI College?

On December 31, 2012, TCI was brought under the corporate control of EVCI Career Colleges Holding Corporation. In May 2016, TCI named Dr. George Santiago, Jr. the president and CEO, he served until the schools closure in 2017.

How do you verify a degree from a college that is closed?

Contact your state’s Office of Degree Authorization or Student Assistance Commission. These departments might be one in the same, but they also might be two separate entities. Locate the list of closed schools within your state and find the school you attended.

Why is TCI College closed?

TCI’s website states “On September 1, 2017, TCI College closed its doors”. According to the New York State Department of Labor, Worker Adjustment and Retraining Notification (WARN) submission the close was based on economic factors.

Who is the creator of TCI?

(TCI) was a cable television provider in the United States, and for most of its history was controlled by Bob Magness and John Malone….Tele-Communications Inc.

Traded as NASDAQ: TCOMA
Founded 1968
Defunct 1999

Is TCI an accredited school?

*TCI College is accredited by both New York State Board of Regents 89 Washington Avenue, NY 12234, 518) 474-5889, State Accreditation and Middle States Commission on Higher Education, 3624 Market Street, Philadelphia, PA, 19104 (267) 284-5000, Regional Accreditation.

What happens when your college goes out of business?

If the school completely shut down, you may be eligible to discharge your federal student loans. You cannot discharge your loans if you are transferring to another school. If you discharge your loans, and then complete your degree elsewhere, you could be liable for those loans again.

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