UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

_______

FORM 8-K

_______

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~March~~April 3126, 2015

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CORINTHIAN COLLEGES, INC.

(Exact name of Registrant as specified in its charter)

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Delaware		0-25283		33-0717312
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

Delaware		0-25283		33-0717312
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. EmployerIdentification Number)

6 Hutton Centre Drive, Suite 400, Santa Ana, California	92707
(Address of Principal Executive Offices)	(Zip Code)

(714) 427-3000
(Registrant’s telephone number, including area code)

N/A
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 12.0105. ~~Entry~~Costs ~~into~~Associated awith ~~Material~~Exit ~~Definitive~~or ~~Agreement~~Disposal Activities.

(a) Since signing an operating agreement with the U.S. Department of Education in July 2014, Corinthian Colleges, Inc. (the “Company”) ~~entered~~has ~~into~~been afocused ~~Forbearance~~on ~~Agreement~~completing (the ~~“Forbearance~~orderly ~~Agreement”),~~sale ~~dated~~or aswind-down of ~~March~~all ~~31,~~of its schools. In February 2015, bythe ~~and~~Company ~~among~~completed the ~~Company~~sale of 53 Everest and WyoTech campuses to Zenith Education Group, ~~the~~Inc., ~~Guarantors~~a ~~party~~subsidiary ~~thereto~~of ~~(the~~ECMC ~~“Guarantors”)~~Group. As part of that sale, Zenith also agreed to conclude the ~~Lenders~~teach-out ~~party~~process ~~thereto~~at (12 additional schools that were being closed. In parallel, the ~~“Lenders”)~~Company had been in advanced negotiations with several parties to both sell Heald College and ~~Bank~~to arrange for teach-out partners to allow its Everest College and WyoTech students in California to continue their education. These negotiations were unsuccessful largely as a result of ~~America,~~federal Nand state regulators seeking to impose financial penalties and conditions on buyers and teach-out partners.A. As a result, ason ~~Domestic~~April ~~Administrative~~26, ~~Agent~~2015, the Company announced that it has ceased substantially all operations and ~~Canadian~~discontinued ~~Agent~~instruction at its remaining 28 ground campuses (the “~~Agent~~Campus Closure”). ~~The~~In ~~Forbearance~~connection ~~Agreement~~with ~~was~~the ~~entered~~Campus ~~into~~Closure, inthe ~~connection~~Company ~~with~~expects ~~the~~to ~~Fourth~~incur ~~Amended~~material cash and ~~Restated~~non-cash ~~Credit~~charges ~~Agreement,~~related ~~dated~~to asthe impairment of ~~May~~its ~~17,~~non-liquid ~~2012,~~assets. bySuch ~~and~~charges ~~among~~cannot ~~the~~be ~~same~~reasonably ~~parties~~estimated ~~and~~at ~~Everest~~this ~~Colleges Canada~~time, ~~Inc.~~beyond ~~(“Everest~~the ~~Canada”)~~Company’s (expectation that the ~~“Credit~~charges ~~Agreement”)~~will be material.

Pursuant to the Forbearance Agreement, the Agent and Lenders agreed to temporarily forbear from the exercise of certain remedies available to them under the Credit Agreement with respect to certain specified defaults enumerated thereunder (~~the “Specified Defaults”~~b) ~~for a period~~ -(~~the “Forbearance Period”~~d) The ~~ending on the earlier of (i) April 30, 2015, (ii) the occurrence of an event of default due to the commencement of, or consent by the~~ Company oris ~~any~~unable ~~Guarantor~~in ~~to,~~good anfaith ~~insolvency proceeding or the inability of the Company or any Guarantor~~ to ~~pay~~determine ~~its debts as they come due, or (iii)~~ the ~~occurrence~~type of ancosts ~~event~~it ofwill ~~default~~incur ~~under~~in ~~the~~connection ~~Credit~~with ~~Agreement other than a Specified Default,~~ the ~~failure~~Campus ofClosure ~~the Company~~ or ~~any Guarantor~~ to ~~comply~~estimate ~~with~~ the ~~terms~~total ofamount ~~the Forbearance Agreement~~ or ~~the~~range ~~material breach by the Company or any Guarantor~~ of ~~any~~amounts ~~representation~~expected orto ~~warranty~~be ~~set~~incurred ~~forth~~in ~~therein.~~connection Inwith the ~~Forbearance~~Campus ~~Agreement,~~Closure ~~the Agent~~ and ~~Lenders~~for ~~agreed,~~each ~~with~~major ~~respect~~type toof ~~the~~cost ~~Specified~~associated ~~Defaults,~~with ~~not to (a) commence any judicial or non-judicial enforcement proceedings against~~ the ~~Company~~Campus ~~or Guarantors or (b) commence any foreclosure~~Closure, ~~enforcement~~including ~~or levy against or seizure or transfer of all or~~ any portion ofthat ~~the~~will ~~assets~~result ofin ~~the~~future ~~Company~~cash ~~or Guarantors~~expenditures. ~~However,~~The ~~the Agent may still act with respect to any~~ Company orwill ~~Guarantor~~file ~~deposit~~an ~~account~~amended ~~subject~~report toon aForm ~~garnishment~~8-K orunder ~~similar~~this ~~action~~Item ~~or proceeding pursuant to claims by creditors not party to the Credit Agreement~~2.05 ~~The~~within ~~Agent~~four ~~and~~business ~~Lenders~~days ~~expressly~~after ~~reserved~~it ~~the~~makes ~~right~~a todetermination ~~exercise~~of ~~all~~such ~~rights~~costs and ~~remedies~~an ~~under~~estimate ~~the~~or ~~Credit~~range ~~Agreement~~of ~~and~~estimates ~~other~~for ~~loan~~such ~~documents~~costs, ~~and~~including ~~applicable~~any ~~law~~portion ~~upon~~that ~~the~~will ~~expiration~~result ofin ~~the~~future ~~Forbearance~~cash ~~Period~~expenditures.

InItem ~~addition,~~2.06. ~~pursuant~~Material to the terms of the Forbearance Agreement, the Company agreed (i) to pay to the Agent a forbearance fee in the amount of $10,000 on April 10, 2015 and $250,000 on April 24, 2015 and (ii) to repay all borrowings of Everest Canada under outstanding letters of credit, together with all accrued and unpaid interest thereon on April 17, 2015 to the extent of funds available in certain specified accounts of the Company holding non-Title IV fundsImpairments.

~~The~~(a) Item ~~foregoing~~2.05 ~~summary~~ of ~~the~~this ~~Forbearance~~Form ~~Agreement~~8-K, isincluding athe ~~summary~~description ~~only~~of ~~and~~the isanticipated ~~qualified~~impairment charge in ~~its~~connection ~~entirety~~with ~~by reference to~~ the ~~Forbearance~~Campus ~~Agreement~~Closure, ~~which~~ is ~~attached hereto as Exhibit 10.1 and is~~ incorporated by reference ~~into~~in this Item 12.0106.

(b)-(c) The Company is unable in good faith to determine the amount or range of amounts of the impairment charge expected to be incurred in connection with the Campus Closure, including any portion that will result in future cash expenditures. The Company will file an amended report on Form 8-K under this Item 2.06 within four business days after it makes a determination of an estimate or range of estimates for such impairment charge, including any portion that will result in future cash expenditures.

Item 7.01. Regulation FD Disclosure.

On April 26, 2015, the Company issued the press release furnished herewith as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits

(d)	Exhibits.
10.1	Forbearance Agreement, dated as of March 31, 2015, by and among Corinthian Colleges, Inc., the Guarantors party thereto, the Lenders party thereto and Bank of America, N.A., as Domestic Administrative Agent and Canadian Agent.

(d) Exhibits.

99.1	Press Release dated April 26, 2015.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	CORINTHIAN COLLEGES, INC.
Date: April 3, 2015	By:	/s/ Stan A. Mortensen
Date: April 27, 2015	By:	/s/ Stan A. Mortensen
		Stan A. Mortensen
		Executive Vice President and
		General Counsel

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