TWINCITIES.COM: Private college group moving headquarters to Minneapolis

Career College Central Summary:

  • Education Credit Management Corp. and its subsidiary Zenith Education Group are moving their headquarters from Oakdale to downtown Minneapolis.
  • An ECMC spokeswoman said Friday they were finalizing a lease at the Ameriprise Client Service Center. The move will affect about 500 staffers and was prompted by a desire to "attract and retain" employees, the spokeswoman said.
  • ECMC is grantor of federal student loans, but that role is winding down after a 2010 rule change. ECMC also is a student loan collection agency.

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