Pretty sad. CEA started me off on my independent path by teaching me what I wanted to learn.
Entirely a coincidence that I returned, after I graduated, to take Flash MX and witness the sad demise of this wonderful school that was taught by a whose-who roster of top designers, authors and teachers.
It's a bit sad but it is market correction. In Vancouver we still have tons of those schools (not putting them down, I went to one sort of). I am hoping they go under to a certain extent.
There seem to be millions of designers/programmers floating around this city and it really doesn't help the job market.
It is presently saturated with semi-skilled unexperienced folk who will work for nothing. It means salaries for people with skills are really low and they can't make a viable wage in a city with a high cost of living.
It still isn't much fun when things go under though.