DENVER (CBS4)– A national career college chain that operated in Denver has folded. More than 200 students had attended Argosy University located in the Tamarac area of southeast Denver.
Argosy has operated around the country, first as a “for profit” then as a “non-profit” educational institution. The college closed its doors at a building in Denver last year, leaving students like Alexandra Schmidt-Beuchat in a lurch.
“This has been devastating to say the least it’s affected me, my peers, students all over the country,” she said.
Schmidt-Beuchat managed to continue her education online, but matters went from bad to worse. The U.S. Department of Education gave the university $13 million for student aid, but then found the money had been misspent. A…