AFAM
47.55
+0.5
+1.06%
 
AMZN
987.77
-9.23
-0.93%
 
BGC
22.4
-0.05
-0.22%
 
CHDN
208.85
-0.25
-0.12%
 
CSVI
48.2
-0.05
-0.10%
 
CSX
53.57
-0.11
-0.20%
 
CTBI
50.175
+0.825
+1.672%
 
F
12.204
+0.014
+0.1173%
 
FFKT
43.2
+0.6
+1.41%
 
GE
23.635
+0.515
+2.228%
 
GM
45.27
+0.15
+0.33%
 
HUM
242.015
+0.705
+0.292%
 
IR
90.67
-0.55
-0.6032%
 
KND
6.45
+0.1
+1.57%
 
KR
20.825
+0.155
+0.750%
 
LMT
315.41
-0.16
-0.05%
 
SYBT
37.85
-0.4
-1.05%
 
TPB
18.38
-0.26
-1.39%
 
TPX
67.17
+1.04
+1.57%
 
TXRH
50.41
-0.34
-0.67%
 
UPS
118.76
+0.61
+0.52%
 
XRX
32.67
-0.17
-0.52%
 
YUM
75.53
-0.49
-0.64%
 
AFAM
47.55
+0.5
+1.06%
 
AMZN
987.77
-9.23
-0.93%
 
BGC
22.4
-0.05
-0.22%
 
CHDN
208.85
-0.25
-0.12%
 
CSVI
48.2
-0.05
-0.10%
 
CSX
53.57
-0.11
-0.20%
 
CTBI
50.175
+0.825
+1.672%
 
F
12.204
+0.014
+0.1173%
 
FFKT
43.2
+0.6
+1.41%
 
GE
23.635
+0.515
+2.228%
 
GM
45.27
+0.15
+0.33%
 
HUM
242.015
+0.705
+0.292%
 
IR
90.67
-0.55
-0.6032%
 
KND
6.45
+0.1
+1.57%
 
KR
20.825
+0.155
+0.750%
 
LMT
315.41
-0.16
-0.05%
 
SYBT
37.85
-0.4
-1.05%
 
TPB
18.38
-0.26
-1.39%
 
TPX
67.17
+1.04
+1.57%
 
TXRH
50.41
-0.34
-0.67%
 
UPS
118.76
+0.61
+0.52%
 
XRX
32.67
-0.17
-0.52%
 
YUM
75.53
-0.49
-0.64%
 

AG to assist students following Mid-Continent University closure

FRANKFORT, Ky. (April 17, 2014) — Mid-Continent University, a private, non-profit school operating in Mayfield, Ky., on Wednesday announced it would be laying off employees immediately and shutting down operations by June 30. The school has about 2,000 students enrolled online, at its campus in West Kentucky and at other locations around the state.

“My office is closely monitoring this situation and is working with the Kentucky Council on Post Secondary Education, U.S. Department of Education and MCU’s accreditor, the Southern Association for Colleges and Schools (SACS) to ensure that every effort is made for students to graduate or finish out the semester on May 10,” Attorney General Jack Conway said. “If the school cannot meet its obligations to students, my Consumer Protection Division will work with students who may have concerns about the transfer of their credits to other institutions, their legal rights and student loans.”

Conway also directed staff to send letters today to administrators with Mid-Continent University informing them that they have an affirmative obligation to maintain all records during dissolution and that they are subject to criminal liability for the intentional destruction of any records.

The Office of the Attorney General has set up a website to assist students, and the website will be updated with the latest information available for Mid-Continent University students. For more information, visit ag.ky.gov/mcu. A dedicated hotline, 502-696-5485, has also been set up for students. Students may also send an email to [email protected].

 

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