Corinthian Colleges sells off schools (AP): Corinthian Colleges, a chain of for-profit colleges facing scrutiny from federal and state regulations, is selling most of its campuses operating under the name Everest or WyoTech, including six campuses in Western Washington. A non-profit company called ECMC Group is buying 68 schools for $24 million and plans to close 12 of them after their current students graduate.
UVA suspends all frats amid sexual-assault allegations (Bloomberg): The University of Virginia has suspended all fraternities until Jan. 9 after a story appeared in Rolling Stone that reported several students there had made accusations of sexual assault that were not pursued by the university. The student at the center of the story says she was raped by seven men at a Phi Kappa Psi party in 2012.
First Lady target of sarcastic Twitter thank-yous (AP): First Lady Michelle Obama is the subject of a sarcastic Twitter hashtag used by school kids to share photos of unappealing cafeteria food. #ThanksMichelleObama was among the top Twitter trends for a period of time on Friday.