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Career Education Corporation (CEC) is an educational services company. The Company’s schools and universities prepare students for professional careers through the operation of more than 75 on-ground campuses located throughout the United States, France, Canada, Italy and the United Kingdom and three online academic programs. During the year ended December 31, 2007, the Company had approximately 89,500 students. The schools and universities offer doctoral degree, master’s degree, bachelor’s degree, associate degree, and non-degree certificate and diploma programs in Culinary Arts, Visual Communication and Design Technologies, Health Education, Business Studies and Information Technology. The segments of the Company include Academy, Colleges, Culinary Arts, Health Education, International and University. On January 25, 2007, CEC completed the acquisition of Istituto Marangoni.(Source: 10-K)