8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 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) November 2, 2010

Career Education Corporation

(Exact Name of Registrant as Specified in Charter)

Delaware	0-23245	36-3932190
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

2895 Greenspoint Parkway, Suite 600 Hoffman Estates, IL	60169
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code (847) 781-3600

Not Applicable

(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 (see General Instruction A.2. below):

¨ 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 5.02. Departure of Director or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 2, 2010, Career Education Corporation (the “Company”) issued a press release announcing among other things the departure of Deborah L. Lenart as the Company’s Senior Vice President – University Strategic Business Unit in connection with the creation of the Shared Services Group. The effective date of Ms. Lenart’s separation from employment will be November 5, 2010.

The Company is negotiating a separation agreement with Ms. Lenart and will amend this Form 8-K to provide the required information when available. A copy of the press release announcing the foregoing change is attached hereto as Exhibit 99.1, and the information contained in the press release is incorporated by reference to this Report.

Item 9.01. Financial Statements and Exhibits.

(a) None.

(b) None.

(c) None.

(d) Exhibits.

Exhibit Number	Description of Exhibits
99.1	Press release of Company dated November 2, 2010.

SIGNATURES

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

CAREER EDUCATION CORPORATION

/s/ Michael J. Graham

Michael J. Graham

Executive Vice President and Chief Financial Officer

Dated: November 2, 2010

Exhibit Index

Exhibit Number	Description of Exhibits
99.1	Press release of Company dated November 2, 2010.

EX-99.1

Exhibit 99.1

CONTACT:

Jeff Leshay

847.585.2005

jleshay@careered.com

Career Education Corporation Announces Realignment of Resources

Hoffman Estates, Ill., Nov. 2, 2010 – Career Education Corporation (NASDAQ: CECO) today announced the creation of the Shared Services Group to further leverage the company’s size and optimize functional expertise in the delivery of quality education and student outcomes. This realignment of resources will aid in driving greater consistency, efficiency and effectiveness in common services across the organization. The group will report to Mike Graham, Executive Vice President and Chief Financial Officer.

As part of the realignment, Career Education Corporation will reorganize its University Strategic Business Unit (SBU). A number of the services currently provided by the University SBU to American InterContinental University (AIU), Colorado Technical University (CTU) and the Art & Design institutions will be delivered by the Shared Services Group in accordance with existing service agreements.

The creation of a broader, enterprise-wide Shared Services Group, performing many of the same services centralized under the University SBU, provides the opportunity to remove a layer of management in the University SBU and enables Gary E. McCullough, President and Chief Executive Officer, to work more closely with the individual leaders of the institutions that comprised the University SBU. As a result, Deborah Lenart, Senior Vice President, University SBU, will leave the company.

These changes are consistent with Career Education Corporation’s goal of continuing to manage costs while simultaneously investing in key areas to support achievement of its long-term objectives.

About Career Education Corporation

The colleges, schools and universities that are part of the Career Education Corporation (“CEC”) family offer high-quality education to a diverse student population of more than 118,000 students across the world in a variety of career-oriented disciplines through online, on-ground and hybrid learning program offerings. The more than 90 campuses that serve these students are located throughout the United States and in France, Italy, the United Kingdom and Monaco, and offer doctoral, master’s, bachelor’s and associate degrees and diploma and certificate programs.

CEC is an industry leader whose institutions are recognized globally. Those institutions include, among others, American InterContinental University (“AIU”); Brooks Institute; Colorado Technical University (“CTU”); Harrington College of Design; INSEEC Group (“INSEEC”) Schools; International University of Monaco (“IUM”); International Academy of Design & Technology (“IADT”); Istituto Marangoni; Le Cordon Bleu North America (“LCB”); and Sanford-Brown Institutes and Colleges. Through its schools, CEC is committed to providing high-quality education, enabling students to graduate and pursue rewarding career opportunities.

For more information, see CEC’s website at www.careered.com. The website includes a detailed listing of individual campus locations and web links to CEC’s colleges, schools, and universities.

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