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        Career Education Corporation Reports Results For Third Quarter 2012

        Company announces campus closures and workforce reductions to align with new long-term strategy.

        Schaumburg, Ill. (November 8, 2012) - Career Education Corporation (NASDAQ: CECO) today reported total revenue of $332.8 million, and a net loss of $33.1 million, or -$0.50 per diluted share, for the third quarter of 2012 compared to total revenue of $428.4 million and net income of $10.6 million, or $0.14 per diluted share, for the third quarter of 2011.

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        CEC and its schools cannot guarantee employment or salary. Find disclosures on graduation rates, student financial obligations and more at www.careered.com/disclosures.
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