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American InterContinental University (AIU) is a private for-profit university with its headquarters in Schaumburg, Illinois. It employs open admissions. American InterContinental University is a member of the American InterContinental University System. It is accredited by the Higher Learning Commission to award associate, bachelor’s, and master’s degrees. It is owned by the for-profit company Perdoceo Education Corporation, publicly traded on the NASDAQ under PRDO and formerly known as Career Education Corporation (CEC).
In 1976, the Switzerland-based school opened a campus in Atlanta (the American College for the Applied Arts) and, in 1978, the Lucerne campus moved to London and changed its name to the American College in London.