Vista College
History
Vista College was founded in 2006 by Jim Tolbert.1) He formed a company called Education Futures Group in partnership with Prospect Partners in order to run the college.2)
COVID-19
In July 2021, Wintrust Bank informed the school's owners that they would not be renewing the company's loan. In August 2021, the school suspended in-person enrolment and employees working at locations across Texas were furloughed.3)
The school and all of its locations permanently closed on October 8, 2021.4) The company's owners filed for bankruptcy on October 11, 2021.5)
In June 2022, the Debt Collective informed Vista students that it had purchased and eliminated their outstanding debt through their Rolling Jubilee Fund. In a letter to students, the group told students they believed Vista College may have committed widespread fraud targeting “low-income people and also people of color—so they could put them into lifetimes of crushing debt for their own profit.”6)
Organization
Notable alumni
| Name | Program | Notes |
|---|---|---|
| Nima Momeni | - | Arrested April 13, 2023 on suspicion of murdering Bob Lee7) |
Investors
Vista College was owned by:8)
