How can this be a surprise when two large for-profits – ITT and Corinthian – close down? Sure, there have been a few small private colleges, almost all nonprofits, close or merge, but the bulk of the “missing” schools are accounted for with ITT and Corinthian closings. And in my opinion two things have happened as a result, one good and one bad. The good thing that has happened is the worst of the bad guys In higher-ed are not around anymore to sully those who follow the rules and behave ethically and morally. The bad thing is that thousands of students suffered as did blameless employees of the closed schools.