Thursday, September 29, 2016

REGENCY BEAUTY INSTITUTE ABRUPTLY & PERMANENTLY CLOSING ALL 79 LOCATIONS SEPTEMBER 28, 2016

A cosmetology school that has been in business for 50 years suddenly shut down of all its 79 campuses on Thursday.

Regency Beauty Institute, which has 10 locations in Illinois including one at 15931 Harlem Ave. in Tinley Park, announced the decision in a statement on its website.

How did this happen? In short, the organization does not have the cash to continue to run the business. There are multiple intertwined reasons: declining numbers of cosmetology students nationwide, a negative characterization of for-profit education by regulators and politicians that continues to worsen and, in light of these factors, an inability to obtain continued financing.  

This is not another case of a school being forced to shut down because it was accused of wrongdoing. We held ourselves to high educational and ethical standards. The environment is simply not one that allows us to remain open. We diligently explored a range of strategic options that would benefit our students, teachers, and staff — and allow us to remain open. Unfortunately, those efforts were not successful.
The closings were effective immediately, as of Wednesday, Sept. 28. Students are advised they may pick up personal items on Thursday from 3 p.m. to 5 p.m. and Friday from 11 a.m. to 1 p.m. They will receive their final transcripts in the mail. More information can be found here.
Regency is working to establish "teach-out" arrangements that will help students complete their training. The institute will work with creditor (NACCAS) and the state boards to secure agreements with accredited schools close to each closed campus. Find out more online.

39 comments:

Anonymous said...

Economic collapse is coming......

Proud Mt. Greenwood Mom said...

My daughter got accepted to Harvard, Yale, Brown, Vassar. But she turned them all down, she chose the REGENCY BEAUTY INSTITUTE instead. Wisest choice she ever made.

Anonymous said...

far left: that's my idea of female beauty
a porker with a right-arm tattoo from the
shoulder to the wrist. wtf? she's featured
in a school promo photo? time to shut the
doors when the student pool falls to this level.

Anonymous said...

Read the YELP review for the Tinley Park Location - the second review dated 6/26/2014

Anonymous said...

Good thing. Beauty institutes turning into makeup
departments for Hollywood slasher films.

Anonymous said...

I'd tap 'em all.

Anonymous said...

Excluding the polar bear in the apron, that's a herd of wildebeests.

Anonymous said...

Don't ya just love the Obamaconomy?

Anonymous said...

gibs me dat thang

Anonymous said...

I see 4 reasons in the photo !

john krass intrepid reporter said...

shave is pulling your chain again and in his case his dick. fucker lifted all the beauts from a lane Bryant catalog.

Anonymous said...

Reason is, Obama turned off the Student Aid to Tech Schools.
Thanks Obama
You fucking Douche

Anonymous said...

Bourbon street guy's mom is an alumn. Class of 81.

Anonymous said...

far left is a lot of class. shame They didn't allow Them to work on each other. That's a hell of a lot of meat on the hoof.

Anonymous said...

plenty of "beef on the hoof" in that photo.

Anonymous said...

It was a bullshit fast food school which did not have proper time to learn cosmetology not in a white woman's world anyway, 6 months diploma they need to go after all these fake schools

Anonymous said...

Infested with niggers, another business chain goes to the bottom

Donald J. Trump said...

let them all sit on my face. I and I alone is the true judge of beauty. that will shut that big mouth bitch hillery up.

Sal Natural said...

Would you look at those fat fucking whores, no wonder they closed. Fat bitches ate all the profits.

Anonymous said...

Democrats stopped student loans to trade Schools.

Anonymous said...

Porkers all!

Anonymous said...

bourbon street guy's mom isn't an alum, she swallows cum.

Anonymous said...

ITT Tech and Dubois Business have shuddered their doors.
America is collapsing.

Anonymous said...

If that's how they look AFTER going to Beauty skool, then fuck it - I'll just shave my head and skip getting a hair cut from that gnarly beast...

Anonymous said...

Thanks obama- send billions to Iran but defund trade schools

Anonymous said...

Fucking fat ugly disgusting skanks

Anonymous said...

Fugly fucking fatass cunts.

Anonymous said...

This is proof that ugly does go clear down to the bone.
What a line up.

Anonymous said...

Big fat pile of shit pig slobs

Anonymous said...

if the customers wound up looking like the employees i can see why they went belly up..

Anonymous said...

Let's be real obummer couldn't run a news stand.

Anonymous said...

CLOWN MOUTH HILLARY SAYS:

"Damn, Just when I was gonna go in to have some work done"

Anonymous said...

CLOWN MOUTH HILLARY SAYS:

"Damn, Just when I was gonna go in to have some work done"

Anonymous said...

CLOWN MOUTH HILLARY SAYS:

"Damn, Just when I was gonna go in to have some work done"

Anonymous said...

CLOWN MOUTH HILLARY SAYS:

"Damn, Just when I was gonna go in to have some work done"

Anonymous said...

Looks like what you'd see on the University of Texas campus.
All warthogs and sows.

Mr. SouthSide said...

Oh yeah. Four or five of those girls would be stars at Beatrice's.

SpankDaddy said...

I see six fart boxes that I would like to donkey punch. Guess which six.

Anonymous said...

I like Mr. Bourbon Street.