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Heald College students scramble for options

On the day their college campuses closed, Heald College some students wonder where they will continue their studies -- and about their loans and tuition
Heald College closes its doors

Students are struggling to figure out what to do after Corinthian Colleges closed its campuses.

Former Heald College student and veteran Nicholas Morgan knows the feeling. Last year the government suspended the GI bill benefit for Corinthian schools, including Heald College.

"The first person they picked at was the veterans," Morgan said. "'All right, let's just stop all their funding.'"

He had to scramble to find a college where he could finish his education.

"I didn't lose any time. I didn't lose any credit. Honestly, it was super easy," Morgan said. "I just went on the Internet, looked at a couple different schools, called them, found out about their programs."

But for his wife it may not be that simple. She was expecting to graduate this semester, but on Monday, Heald College closed its two Sacramento-area campuses.

"She's devastated, like someone died," Morgan said about his wife.

Depending on their field of study, many may be facing a big loss of time and money.

"They may have to start all over because the credits for a lot of private post- secondary schools are not transferable to anywhere else," Russ Heimerich with the California Department of Consumer Affairs, said.

Vocational schools like Asher College in Sacramento say they welcome welcoming Heald College students.

"Here, we've probably identified about five or six programs that were similar to those offered at Heald and we will make every effort that we can to make sure that the credits that can transfer, will transfer," David Vice, President and CEO of Asher College, said.

Community colleges are also preparing to offer the Heald students options but warned there was no one-size-fits-all solution for the students. Some may have to repeat classes.

"They need to be looking, based on what their career goals are, what colleges may meet their needs, that they can come to," Susan Louise Lorimer, from Los Rios Community College District, said.

Heald students hope to get some information Wednesday and Thursday when they meet with school officials. As for students who already paid tuition out of pocket, they could be out of luck, according to Heimerich.

For those who have student loans, there may be a recourse to have them forgiven through the U.S. Department of Education. You can also find a list of loan services here.

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