Thread regarding Heald College layoffs

The Education Department said it would help the stranded students review their options, including possibly forgiving some of their loans.

"What these students have experienced is unacceptable," it said in a statement. "As Corinthian closes its doors for good, the department will continue to keep students at the heart of every decision we make."

In an investigation that began in January 2014, the Education Department found that Corinthian locations misled students by inflating their job-placement rates. In September, the Consumer Financial Protection Bureau sued the company, alleging that it used the inflated placement rates to recruit students to take out expensive private loans, which made up about 85 percent of its revenue.

For example, the government found that Corinthian campuses paid temporary employment agencies to hire their graduates and send them back to the same campuses — counting them as having been successfully placed in careers. And Corinthian locations counted students who were already working before they even enrolled as having been successfully placed.

Financial Aid at Heald College*

At Heald College, you don't have to go through it alone. Our financial aid representatives are dedicated to helping you find the financial aid you need to help pay for college – whether it be a government loan, veteran's benefits, a scholarship or a combination of financial sources.

Government Grants and Loans

Federal Academic Competitiveness Grant (ACG)

Alternative Student Loans

Chaffee Grants

Federal Direct Loans (subsidized and unsubsidized)

Federal Pell Grants

Federal PLUS Loans

Federal Supplemental Educational Opportunity Grants (SEOG)

Federal Work-Study

State of California Grants (Cal Grants)

Other Aid Opportunities

If the above resources are not sufficient to meet your full tuition and book costs, the following alternative resources may be available:

Scholarships

Private Loans

Alternative Loan Programs

Federal Work-Study

Each Heald campus offers community service work-study job opportunities.

High School Scholarship Award Program

Heald College offers a Scholarship program for high school seniors who attend Heald College.

For more information, please fill out the form to the right.

*Financial aid is available for those who qualify.

For more information about our graduation rates, the median debt of students who completed the program and other important information, please visit our website at heald.edu/disclosures.

*It is always up to the receiving institution to make the final determination regarding acceptance of transfer credits and class standing.

Heald College Accreditation

Not every college earns regional accreditation, but Heald College has earned this prestigious status. Heald College is regionally accredited by the WASC Senior College and University Commission, an accrediting body recognized by the Council of Higher Education Accreditation and the U.S. Department of Education.

Because Heald is regionally accredited, it has articulation agreements with other regionally accredited institutions that accept Heald credits toward bachelor’s degree programs.*

Heald is also an authorized provider of educational programs that help students prepare for official certification from industry leaders, such as Microsoft® (MCSE®) and Cisco® (CCNA® and CCNP®).

The Heald College Health Information Technology Program is accredited by the Commission on Accreditation for Health Informatics and Information Management Education (CAHIIIM).

*It is always up to the receiving institution to make the final determination regarding acceptance of transfer credits and class standing.