<SUBMISSION>
<ACCESSION-NUMBER>0000950144-05-005034
<TYPE>DFAN14A
<PUBLIC-DOCUMENT-COUNT>2
<FILING-DATE>20050506
<DATE-OF-FILING-DATE-CHANGE>20050506
<EFFECTIVENESS-DATE>20050506
<SUBJECT-COMPANY>
<COMPANY-DATA>
<CONFORMED-NAME>CAREER EDUCATION CORP
<CIK>0001046568
<ASSIGNED-SIC>8200
<IRS-NUMBER>363932190
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
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<FILING-VALUES>
<FORM-TYPE>DFAN14A
<ACT>34
<FILE-NUMBER>000-23245
<FILM-NUMBER>05808610
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<BUSINESS-ADDRESS>
<STREET1>2895 GREENSPOINT
<STREET2>SUITE 600
<CITY>HOFFMAN ESTATES
<STATE>IL
<ZIP>60195
<PHONE>8477813600
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>2800 WEST HIGGINS ROAD
<STREET2>SUITE 790
<CITY>HOFFMAN ESTATES
<STATE>IL
<ZIP>60195
</MAIL-ADDRESS>
</SUBJECT-COMPANY>
<FILED-BY>
<COMPANY-DATA>
<CONFORMED-NAME>BOSTIC R STEVEN
<CIK>0001055527
<ASSIGNED-SIC>8200
<STATE-OF-INCORPORATION>GA
<FISCAL-YEAR-END>0531
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>DFAN14A
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>3340 PEACHTREE RD N E
<STREET2>STE 2000
<CITY>ATLANTA
<STATE>GA
<ZIP>30326
<PHONE>9126387373
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>70 GRUBER LANE, SUITE 220
<CITY>ST. SIMONS ISLAND
<STATE>GA
<ZIP>31522-2862
</MAIL-ADDRESS>
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<DOCUMENT>
<TYPE>DFAN14A
<SEQUENCE>1
<FILENAME>g95119adfan14a.htm
<DESCRIPTION>CAREER EDUCATION CORPORATION/STEVEN R. BOSTIC
<TEXT>
<HTML>
<HEAD>
<TITLE>CAREER EDUCATION CORPORATION/STEVEN R. BOSTIC</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>

<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B><BR>
<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B></DIV>
<P align="center" style="font-size: 18pt"><B>SCHEDULE 14A</B>

<P align="center"><FONT style="font-size: 10pt">Proxy Statement Pursuant to Section 14(a) of the Securities<BR>
Exchange Act of 1934 (Amendment No.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;)
</FONT>

<P>
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        <TD width="3%"></TD>
        <TD width="97%"></TD>
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<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">Filed by the Registrant &nbsp;&nbsp;<FONT face="wingdings">&#111;</FONT></FONT></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">Filed by a Party other than the Registrant &nbsp;&nbsp;<FONT face="wingdings">&#120;</FONT></FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">Check the appropriate box:</FONT></TD>
</TR>
</TABLE>
<p>
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        <TD width="97%"></TD>
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        <TD>&nbsp;</TD>

<TD><FONT style="font-size: 10pt"><FONT face="wingdings">&#111;</FONT>&nbsp;&nbsp; Preliminary Proxy Statement</FONT></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>

<TD><FONT style="font-size: 10pt"><FONT face="wingdings">&#111;</FONT>&nbsp;&nbsp;
<B>Confidential, for Use of the Commission Only (as permitted by
Rule&nbsp;14a-6(e)(2))</B></FONT></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>

<TD><FONT style="font-size: 10pt"><FONT face="wingdings">&#111;</FONT>&nbsp;&nbsp; Definitive Proxy Statement</FONT></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt"><FONT face="wingdings">&#120;</FONT>&nbsp;&nbsp; Definitive Additional Materials</FONT></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>

<TD><FONT style="font-size: 10pt"><FONT face="wingdings">&#111;</FONT>&nbsp;&nbsp;
Soliciting Material Pursuant to &#167;240.14a-12</FONT></TD>
</TR>
</TABLE>


<p align="center" style="width: 100%; border-bottom: 1pt solid black; font-size: 24pt"><B>CAREER EDUCATION CORPORATION</B>
<DIV align="center"><FONT style="font-size: 10pt">(Name of Registrant as Specified In Its Charter)
</FONT></DIV>
<p align="center" style="width: 100%; border-bottom: 1pt solid black; font-size: 10pt"><B>Steve Bostic</B>
<DIV align="center"><FONT style="font-size: 10pt">(Name of Person(s) Filing Proxy
Statement, if other than the Registrant)
</FONT></DIV>
<P><FONT style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payment of Filing Fee (Check the appropriate box):
</FONT>

<P>
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        <TD width="97%"></TD>
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        <TD>&nbsp;</TD>

<TD><FONT style="font-size: 10pt"><FONT face="wingdings">&#120;</FONT>&nbsp;&nbsp; No fee required.</FONT></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>

<TD><FONT style="font-size: 10pt"><FONT face="wingdings">&#111;</FONT>&nbsp;&nbsp;
Fee computed on table below per Exchange Act Rules&nbsp;14a-6(i)(1)
and 0-11.</FONT></TD>
</TR>
</TABLE>
<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="3%"></TD>
        <TD width="97%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1)&nbsp;Title of each class of securities to which transaction
applies:</FONT></TD>
</TR>
</TABLE>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="3%"></TD>
        <TD width="97%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2)&nbsp;Aggregate number of securities to which transaction
applies:</FONT></TD>
</TR>
</TABLE>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="3%"></TD>
        <TD width="97%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3)&nbsp;Per unit price or other underlying value of transaction
computed
pursuant to Exchange Act Rule&nbsp;0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):</FONT></TD>
</TR>
</TABLE>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="3%"></TD>
        <TD width="97%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4)&nbsp;Proposed maximum aggregate value of transaction:</FONT></TD>
</TR>
</TABLE>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="3%"></TD>
        <TD width="97%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5)&nbsp;Total fee paid:</FONT></TD>
</TR>
</TABLE>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="3%"></TD>
        <TD width="97%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="wingdings">&#111;</FONT>&nbsp;&nbsp; Fee paid previously
with preliminary materials.</FONT></TD>
</TR>
</TABLE>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="3%"></TD>
        <TD width="97%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="wingdings">&#111;</FONT>&nbsp;&nbsp; Check box if any part
of the fee is offset as provided by Exchange Act
Rule&nbsp;0-11(a)(2) and identify the filing for which the offsetting fee
was paid previously. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its filing.</FONT></TD>
</TR>
</TABLE>
<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="3%"></TD>
        <TD width="97%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1)&nbsp;Amount Previously Paid:</FONT></TD>
</TR>
</TABLE>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="3%"></TD>
        <TD width="97%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2)&nbsp;Form, Schedule or Registration Statement No.:</FONT></TD>
</TR>
</TABLE>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="3%"></TD>
        <TD width="97%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3)&nbsp;Filing Party:</FONT></TD>
</TR>
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<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
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        <TD width="97%"></TD>
</TR>
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        <TD>&nbsp;</TD>
        <TD><FONT style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4)&nbsp;Date Filed:</FONT></TD>
</TR>
</TABLE>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>
<P>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>








<P align="center" style="font-size: 10pt">
</DIV>


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<DIV style="font-family: Helvetica,Arial,sans-serif">



<P align="left" style="font-size: 10pt">Contacts:


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="50%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
</TR>
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<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">MEDIA
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">INVESTORS</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Jeremy Fielding/Kimberly Kriger
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">Alan Miller/Jennifer Shotwell</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Kekst and Company
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Innisfree M&#038;A Incorporated</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">212-521-4800
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">212-750-5833</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><B>STEVE BOSTIC SENDS LETTER TO<BR>
CAREER EDUCATION CORPORATION STOCKHOLDERS</B>


<P align="left" style="font-size: 10pt">ST. SIMONS ISLAND, May&nbsp;6, 2005 &#151; Steve Bostic, owner of one percent of the

outstanding shares
eligible to vote at the 2005 Annual Meeting of Stockholders of Career Education Corporation
(NASDAQ: CECO), today announced that he sent a letter to the Company&#146;s stockholders, urging them to
sign, date and return the WHITE proxy card, voting for his proposals to declassify the Board of
Directors, eliminate the poison pill, and grant stockholders the right to call special meetings,
as well as withholding authority to vote on the Board&#146;s nominees.


<P align="left" style="font-size: 10pt">In an accompanying notice, Mr.&nbsp;Bostic also alerted stockholders to the importance
of using the White proxy card, rather than the Company&#146;s Blue card, since CECO has indicated it will vote all shares submitted on the
Blue proxy card against the stockholder proposals. Additionally,
investors holding CECO stock through brokerage firms should be aware that, if they do not instruct
their broker to vote on the White card, their brokerage firm may vote their shares for management
without their instruction. &#147;For all these reasons,&#148; Mr.&nbsp;Bostic said, &#147;it is extremely important
that stockholders vote on my White proxy card, in order to send a strong message to the CECO
Board.&#148;


<P align="left" style="font-size: 10pt">The text of the letter and accompanying notice, which were also filed with the SEC,

follow:





<P align="center" style="font-size: 10pt">May&nbsp;5, 2005



<P align="left" style="font-size: 10pt">Dear Fellow Stockholder:


<P align="left" style="font-size: 10pt">Less than 11&nbsp;months ago, your shares in Career Education Corporation shares were trading at almost
$71 per share. Today, the closing price was $31.32 per share, a decline of more than $40 per share
(or 56%). During this same period, CECO has gone from dramatically outperforming an index of its
peers to significantly underperforming that same index.


<P align="left" style="font-size: 10pt">The irony is that, in less than one year our Company&#146;s earnings have continued to grow, but CECO
stockholders have suffered a staggering $4&nbsp;billion decline in market value.


<P align="left" style="font-size: 10pt">I believe that CECO&#146;s dismal stock market performance reflects a profound lack of investor
confidence in CECO&#146;s future. The following chart is a stark illustration of how industry analysts
expect CECO and its peer education companies to perform in the future. Based on analysts&#146; consensus
estimates for fiscal year 2006 and CECO&#146;s closing price on May&nbsp;5, 2005, CECO ranks dead last in
forward P/E:



<P align="center" style="font-size: 10pt"><IMG src="g95119ag951191eo1.gif" alt="(BARCHART)">


<P align="left" style="font-size: 10pt">2006 FORWARD P/E BASED ON FIRST CALL CONSENSUS ESTIMATES FOR FY 2006 AND THE MAY 5, 2005
CLOSING PRICE.


<P align="left" style="font-size: 10pt">I believe that CECO&#146;s Board has allowed management to lose sight of the Company&#146;s primary
mission of providing quality education services; under these directors, CECO management has
sacrificed the quality of student programs, resulting in the severe escalation of student attrition
&#151; all for the sake of a &#147;top-line growth strategy&#148; that cannot be sustained. At the same time, our
Company has been besieged by regulatory,




<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">



<P align="left" style="font-size: 10pt">accreditation and legal problems amid serious allegations
related to management&#146;s conduct and operation of the business. Over the past two years, the &#147;black
clouds&#148; have persisted, despite CECO&#146;s strong earnings performance:



<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD><B><I>Complaints to accreditation agencies, including ACCSCT</I></B><SUP style="font-size: 85%; vertical-align: text-top"><B><I>1</I></B></SUP><B><I>
and SACS</I></B><SUP style="font-size: 85%; vertical-align: text-top"><B><I>2</I></B></SUP><B><I>, some of which have resulted in accreditation
warnings and schools placed on probation;</I></B></TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD><B><I>Multiple class-action lawsuits against CECO and its senior
management, and derivative lawsuits against the CECO directors;</I></B></TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD><B><I>SEC and Department of Justice investigations, and EEOC</I></B><SUP style="font-size: 85%; vertical-align: text-top"><B><I>3</I></B></SUP><B><I>
findings of sexual harassment at CECO schools;</I></B></TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD><B><I>Negative media coverage of the company, including a &#147;60 Minutes&#148;
expos&#233;.</I></B></TD>
</TR>

</TABLE>

<P align="left" style="font-size: 10pt">We strongly believe that the accountability and oversight all stockholders deserve is lacking at
CECO. Consider that in the weeks prior to the SEC&#146;s June&nbsp;2004 announcement that it was upgrading
its January&nbsp;2004 informal investigation to a formal inquiry, the Board and management sold over $66
million of their CECO shares. Collectively, they own less than 0.5&nbsp;percent of CECO, less than
one-half of my own holdings. Furthermore, to date, the Board&#146;s Special Committee has failed to
disclose the findings from its &#147;independent&#148; internal investigation, denying stockholders the
ability to see for themselves what has truly occurred at our Company.



<P align="center" style="font-size: 10pt"><B>CECO NEEDS A STRONG, </B><B><U>INDEPENDENT</U> BOARD</B>


<P align="left" style="font-size: 10pt">We believe that none of the CECO directors can be viewed as truly independent. You should know
that Mr.&nbsp;Chookaszian, a member of CECO&#146;s Audit, and Nominating and Governance Committees, also
serves on the board of Marshall &#038; Swift, L.P. whose Chief Executive Officer, Mr.&nbsp;Dowdell, serves as
the Chairman of CECO&#146;s Compensation Committee. Apart from Mr.&nbsp;Chookaszian, all of the other CECO
directors have prior affiliations with Heller Equity Capital Corporation (Heller) or National
Education Corporation (NEC). Heller was a venture capital firm that initially invested in CECO but
has since sold all its shares, and NEC was Mr.&nbsp;Larson&#146;s former employer.


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="60%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="46%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="50%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR>
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<TR valign="bottom">
    <TD width="1%" style="border-left: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
              <TD align="center" valign="top" style="border-top: 2px solid #000000"><DIV style="margin-left:0px; text-indent:-0px"><B>Director</B>
</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><B>Affiliation</B></TD>
    <TD width="1%" style="border-right: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%" style="border-left: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><DIV style="margin-left:0px; text-indent:-0px"><B>CEO Larson</B>
</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><B>Heller and NEC</B></TD>
    <TD width="1%" style="border-right: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%" style="border-left: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><DIV style="margin-left:0px; text-indent:-0px"><B>CFO Pesch</B>
</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><B>Heller</B></TD>
    <TD width="1%" style="border-right: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%" style="border-left: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><DIV style="margin-left:0px; text-indent:-0px"><B>Lally</B>
</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><B>Heller</B></TD>
    <TD width="1%" style="border-right: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%" style="border-left: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><DIV style="margin-left:0px; text-indent:-0px"><B>Laub</B>
</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><B>NEC</B></TD>
    <TD width="1%" style="border-right: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%" style="border-left: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><DIV style="margin-left:0px; text-indent:-0px"><B>Ogata</B>
</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><B>NEC</B></TD>
    <TD width="1%" style="border-right: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%" style="border-left: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><DIV style="margin-left:0px; text-indent:-0px"><B>Dowdell</B>
</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><B>NEC, Marshall &#038; Swift
CEO and director</B></TD>
    <TD width="1%" style="border-right: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%" style="border-left: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><DIV style="margin-left:0px; text-indent:-0px"><B>Chookaszian</B>
</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000"><B>Marshall &#038; Swift director</B></TD>
    <TD width="1%" style="border-right: 3px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="6" style="border-top: 3px solid #000000">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>


<P>
<HR size="1" width="18%" align="left" noshade color="#000000">

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top">
    <TD width="1%" nowrap align="left"><SUP style="font-size: 85%; vertical-align: text-top">1</SUP></TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="96%">Accrediting Commission of Career Schools and
Colleges of Technology</TD>
</TR>


<TR valign="top">
    <TD width="1%" nowrap align="left"><SUP style="font-size: 85%; vertical-align: text-top">2</SUP></TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="96%">Southern Association of Colleges and Schools</TD>
</TR>


<TR valign="top">
    <TD width="1%" nowrap align="left"><SUP style="font-size: 85%; vertical-align: text-top">3</SUP></TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="96%">Equal Employment Opportunity Commission</TD>
</TR>

</TABLE>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">





<P align="left" style="font-size: 10pt">Please note that apart from Mr.&nbsp;Chookaszian, none of these directors have been elected to serve on
any other public company boards. Mr.&nbsp;Chookaszian also serves on four other public boards, and has
disclosed that he serves on five boards of private organizations, all at the same time that he
seeks to fulfill his oversight duties as a director at CECO.


<P align="left" style="font-size: 10pt">We believe the root cause of the problems at CECO is plain: lack of strong leadership and a
collapse of both corporate governance and Board oversight. As stockholders, we have an opportunity
to do something about that today.



<P align="center" style="font-size: 10pt"><B>JOIN ME IN SENDING A STRONG MESSAGE TO CECO&#146;S BOARD!</B>


<P align="left" style="font-size: 10pt">As you may know, I am the former president and founder of American Intercontinental University and
the originator of its online accreditation with SACS. I am CECO&#146;s largest individual stockholder,
with an investment currently valued at $34&nbsp;million. <B>I ask you to join me in supporting the
adoption of straight-forward corporate governance measures and good business practices that I
believe are essential to help CECO begin to regain the ground it has lost in the eyes of the
investment community. </B>The reforms I propose, which are detailed in my proxy statement dated April
26, 2005, are intended to improve direct accountability of the Board and management to us &#151; the
owners of the Company.


<P align="left" style="font-size: 10pt">I urge you to support my corporate governance proposals and related effort to &#147;Withhold Authority&#148;
to vote for the Board&#146;s director nominees. My corporate governance proposals recommend that CECO:



<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD><B>Declassify the Board of Directors</B>, so that each member, not just a
few directors, become accountable to the stockholders by standing
for <U>annual</U> election;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD><B>Eliminate the Company&#146;s &#147;poison pill&#148;</B>, a device that denies
stockholders the ability to consider potentially advantageous
offers for their shares by giving the Board the power to veto such
a proposed transaction no matter how beneficial it might be for
the stockholders and regardless of the level of stockholder
support; and</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD><B>Grant to stockholders the right to call a special meeting</B>, instead
of restricting that power solely for the directors themselves. My
proposal would give this ability to any stockholders with an
aggregate of 33 1/3&nbsp;percent or more of the common stock.</TD>
</TR>

</TABLE>

<P align="left" style="font-size: 10pt">Because the Company&#146;s Certificate of Incorporation and By-Laws prevent stockholders from making
these changes on their own, my proposals alone cannot effect the necessary reform &#151; nor can they
force the Board to act. These proposals stand as non-binding recommendations. Their ultimate
implementation requires Board support and action.


<P align="left" style="font-size: 10pt"><B>It is therefore critical that we, as CECO stockholders, demand that the Board enact these reforms,
and that we hold the directors accountable if they do not. </B>The
undeniable power stockholders have is the power <U>to withhold authority</U> for CECO&#146;s three
director nominees. We can send a clear message to the Board. <B>We can demonstrate to the Board our
belief in, and commitment to, these corporate governance reforms. I am asking that stockholders
&#147;Withhold Authority&#148; to vote for the Board&#146;s nominees.</B>





<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">



<P align="left" style="font-size: 10pt">I have told the Board and its advisers that my primary objective is to see the three stockholder
proposals adopted &#151; and that if the Board would include them in the Company&#146;s proxy statement as
management proposals, then I would end this proxy contest immediately. The Board has rejected this
suggestion outright, leaving no other option for stockholders than to &#147;Withhold Authority&#148; to vote
for CECO&#146;s director nominees in order to send an unambiguous message to the Board.



<P align="center" style="font-size: 10pt"><B>PROTECT THE VALUE OF YOUR INVESTMENT!</B>


<P align="left" style="font-size: 10pt">Given the current state of our Company, the recent actions of the Board and management, and the
relative gross undervaluations of CECO stock compared to that of its peers, I urge you to <B>sign,
date and return the WHITE proxy card, voting FOR my proposals to declassify the Board, to eliminate
the poison pill, to grant stockholders the right to call special meetings, and WITHHOLD AUTHORITY
to vote for the Board&#146;s nominees.</B>



<P align="center" style="font-size: 10pt"><B>VOTE TO RESTORE ACCOUNTABILITY AT CECO TODAY!</B>



<P align="center" style="font-size: 10pt"><B>SIGN, DATE AND RETURN YOUR WHITE CARD, AND<BR>
WITHHOLD AUTHORITY TO VOTE FOR THE BOARD&#146;S NOMINEES.</B>



<P align="left" style="font-size: 10pt">Thank you for your consideration and support.



<P align="left" style="font-size: 10pt">Sincerely,






<P align="left" style="font-size: 10pt">Steve Bostic






<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">



<P>
<DIV style="width: 100%; border: 3px double black; padding: 1px;">




<P align="center" style="font-size: 14pt"><B>&#151;CECO STOCKHOLDER ALERT&#151;</B>



<P align="center" style="font-size: 10pt"><B>IF YOU VOTE ON MANAGEMENT&#146;S BLUE CARD,<BR>
SOMEONE ELSE GETS TO DECIDE HOW YOUR SHARES WILL BE VOTED<BR>
ON THE IMPORTANT STOCKHOLDER PROPOSALS...</B>



<P align="center" style="font-size: 14pt"><B>PROTECT THE VALUE OF YOUR INVESTMENT&#151;<BR>
EXERCISE YOUR RIGHT TO VOTE!</B>



<P align="center" style="font-size: 10pt">You should be aware that, <U>unless you exercise your right to vote on the WHITE card</U>,<BR>
CECO intends to vote any shares represented on its Blue card <I>against</I><BR>
the important stockholder proposals, which are intended to promote transparency<BR>
at your company and the accountability stockholders deserve.



<P align="center" style="font-size: 10pt">Additionally, if you hold your shares through a brokerage firm and<BR>
don&#146;t instruct your broker to Withhold Authority to vote on director nominees,<BR>
your broker may be able to vote ALL your shares <I>for </I>the company&#146;s nominees<BR>
and give CECO the power to vote your shares <I>against </I>the stockholder proposals...



<P align="center" style="font-size: 10pt"><B>EXERCISE YOUR RIGHT TO SEND A STRONG MESSAGE TO THE BOARD:</B>



<P align="center" style="font-size: 14pt"><B>VOTE TODAY ON THE </B><B><U>WHITE</U> CARD&#151;</B><BR>
<U><B>WITHHOLD</B></U> <B><U>AUTHORITY</U> ON DIRECTOR NOMINEES;</B><BR>
<B><U>VOTE FOR</U> THE THREE STOCKHOLDER PROPOSALS!</B>


</DIV>

<P align="left" style="font-size: 10pt">You may obtain a free copy of Mr. Bostic&#146;s definitive proxy statement and other relevant
documents by calling Innisfree M&#038;A Incorporated toll-free at (877) 825-8631 or collect at (212) 750-5833. Mr. Bostic&#146;s proxy
statement, which has been mailed to Career Education Corporation stockholders, and other filings and information related to his solicitation can be found at <u>www.sec.gov</u>.

<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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end
</TEXT>
</DOCUMENT>
</SUBMISSION>
