The school was accused of violating the Consumer Protection Act by misleading prospective students, engaging in deceptive advertising and failing to comply with Colorado's consumer lending laws.
On Wednesday, school officials released this statement:
“We are proud of our tradition dating back to 1953 of helping nearly 40,000 graduates reach their education and career goals. Westwood College has been through an extended period of declining enrollments due to market shifts and changes in the regulatory environment. Now Westwood College has made the difficult decision to discontinue all new student enrollments as of today. We are working diligently to continue to provide a quality academic experience for our current students at each of our campuses and our online school. Campus services will continue to be available to students and graduates throughout this process.”
Westwood promised it will continue its programs for students who are already enrolled.
Westwood has 4,000 students at 14 different campuses across the country. About 480 of those students are in Colorado.
The school just opened its 34,000-square-foot facility in Aurora last year.