Jeff Mason, the interim president of the embattled Bay State College in Boston, will resign from the post.
Officials at the New England Commission of Higher Education and the Massachusetts Department of Higher Education confirmed Mason's planned departure.
The move is the latest episode in the unraveling of the college, a for-profit institution that's part of the publicly traded education conglomerate Ambow Education based in Beijing.
GBH News first reported students' claims that Bay State defrauded them by overcharging them and canceling classes with little or no notice.
More Education
In January, the Biden administration said it was closely tracking the financial health of Bay State and U.S. Sen. Elizabeth Warren called for increased oversight.
That prompted state education officials to take the rare step to rescind Bay State's accreditation status by the summer, ending the college's access to federal dollars and ability to grant degrees.
The college is also facing eviction from its Back Bay campus on St. James Avenue after its landlord, OMV Park Square, sued the college for $720,000 in unpaid rent and fees.
Mason joined Bay State in 1994 as an instructor in the English Department. He held several leadership positions at the college, rising to chief academic officer before taking the job as interim president. He did not respond to a request for comment.