According to their website, it seems as if Regency Beauty Institute has permanently shut it's doors.

Regency Beauty Institute, which has over 75 locations in the United States with one right here in Duluth, has closed for good. Here's part of the statement from the Regency website:

This is incredibly difficult news for everyone affected: especially our students, teachers, and staff. We recognize that some of you may be finding this out for the first time by reading this. We are truly sorry for the abrupt nature of this information.

How did this happen? In short, the organization does not have the cash to continue to run the business. There are multiple intertwined reasons: declining numbers of cosmetology students nationwide, a negative characterization of for-profit education by regulators and politicians that continues to worsen and, in light of these factors, an inability to obtain continued financing

On the plus side of this, Wisconsin Indianhead Technical College in Superior, WI has just put out a press release saying they will help out the students that have been displaced due to the closings.

In response to this closure, WITC’s rapid response team is holding an informational meeting for all displaced Regency students on Monday, October 10, 2016 from 1-3 p.m. in the WITC-Superior Conference Center, 600 N. 21st Street, Superior, WI 54880.

Regency students will have an opportunity to learn about WITC’s Pivot Point Cosmetology Program and Financial Aid options available to their unique circumstances. Instructors, counselors and staff will answer individual questions and concerns to help these displaced students find an educational path to best serve their needs. All displaced Regency students in attendance will receive a voucher to cover their application fee.

All affected students and staff are encouraged to contact WITC-Superior at 715-243-9482 for support with their educational needs.