CEDU TO CLOSE ALL SCHOOLS
208-265-0607, Ext. 130
March 25, 2005
Sandpoint, Idaho (March 25, 2005) – CEDU Education announced
today that it will be closing all its locations.
According to CEO Pete Talbott the Company has become financially
insolvent and has run out of options for keeping the emotional
growth education system viable.
“We anticipate that all our students will be back in the
care of their parents in the next 10 days. In the meantime
the student’s safety and making this transition as easy as
possible for them is our priority. I deeply regret that we
have come to the end of CEDU’s nearly 40-year history. Our
schools have meant a great deal to our students, our staff
and their communities.”
CEDU Education operates seven schools and programs in Idaho,
California, and Vermont. They currently have 301 students
enrolled in their schools and employ approximately 500 employees.
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