Connecticut School of Broadcasting abruptly closes

HARTFORD, Conn. -- "A private Connecticut-based broadcasting school with campuses in more than a dozen states abruptly shut down this week and said Thursday it will seek bankruptcy protection.

The Connecticut School of Broadcasting blamed its financial woes on a tightening of the private student loan market. Tuition for 16-week courses is as much as $12,000....

• The school has 26 locations in 16 states.

The school said it was surprised that its lender, Pittsburgh-based PNC Financial, seized control of the school's accounts and froze them as it was attempting to find other ways to fund the business.".....via Radio Daily News. (Joe Benigno, of course, one of its graduates).

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