http://fox40.com/2015/02/13/cal-grants-halted-for-heald-college-students/
Serious answers plz. Who will buy heald? Student here
I am a student at the Portland campus and just wanted to know who might buy heald.
Face the facts
1) AG lawsuit 2) enrollments down by nearly 60% from previous year 3) CalGrant halt/ suspension 4) GI Bill Suspension 5) financial distress 6) past due with buyer deadline 7) enrollment , retention, placement not hitting goals 8) staff resigning... — read more
Is our accreditation at stake if our financials are not strong?
I'm not suggesting this, but I heard that accreditation also looks at an institutions financial ability to operate, or their Composite score. Could this new development affect our standing with WASC? Please, only share intelligible facts and not just... — read more
This is what happened to Anthem Education after selling campuses and filing bankruptcy... CCI mentioned
https://www.insidehighered.com/news/2014/08/29/profit-anthem-education-abruptly-closes
Heald college shutting down.
Heald college is about to shut down right after CCI files its BK in a couple of weeks. The doors will simply be pad locked. CCI really did have the Heald financials but doesn't want to give them to CA. CA doesn't take a CCI legal threat seriously... — read more
What is the domino affect of the CalGrant halt?
Students will not get funding so they will drop. Lower enrollments look unattractive to any buyer, on top of all the other issues (bad press, legal, AG, etc...) Kamala Harris is relentless and will not stop until, California schools of CCI are shut... — read more
Well, this is interesting
California Student Aid Commission, which is responsible for CalGrants, has a partnership with ECMC. http://www.csac.ca.gov/doc.asp?id=1421
Message from Eva
Email sent out to Heald employees from the President: To: Faculty and Staff Subject: Cal Grant From: Eeva Deshon, President & CEO Date: February 16, 2015 Dear Heald Faculty and Staff, On Friday, February 13, Heald College received a letter from the... — read more
All This Bad News...
Thoughts on what's going to happen? I know this only affects CA schools but will there be residual effects for Portland and Honolulu?
Packages being sent by UPS to Heald employees
Packages were sent by Zenith and scheduled to arrive Monday afternoon. I hope it is not bad news.
Heald College leaders are still here.
I guess that's a good sign. I'm looking for some positives today. Have been with Heald a long time. I hope we survive CCi. My resume is ready, but I'm not sending it out until I have to.
At our in-service today we were told everything was fine.
Now I come home and read California has cut off all CalGrants, because all the documents have not been filed. Hasn't CCI learned anything? I think we are screwed.
California Halts Grants to Corinthian's Heald Students
From Wall Street Journal: http://www.wsj.com/articles/california-haults-grants-to-corinthians-heald-students-1423871059
What, no Heald response?
I have listened to the Heald employees for months now. I can't believe no one is posting good or bad about the stock being delisted. They must be in shock.
COCO stock is dropping like a rock
COCO is plunging. If you can call from 6 Cents to 3 Cents plunging. But that is a 50% drop. Big selling volume also. It will be 0 before long.
Multiple Suitors
Heald is a value play in the sector. Everyone in the group needs campuses and enrollments, so a Heald sale is going to happen. There is simply too much available for buyers to pass up. They ca move the HQ out of CA and get away from a number of... — read more
All I have ever heard is
Heald and CCI have been discussing possibilities…yet nothing nothing actually happens. Those useless emails tell me so!
It's over for Heald
CCI just caved to the CFPB and will provide debt relief of up to 480 million dollars to the students they ripped off. CCI is broke.
I think it is over for Heald
I get the feeling it is over for Heald. I can tell you that at the campus I teach at enrollments are way down, the managers and PD's just seem like they are going through the motions. The e-mail we got last week from Eeva Deshon was a joke. The... — read more
Heald bankruptcy. ...
Do you think the actions of people like Kamala Harris and investors will cause the Heald brand to collapse? Anyone believe that Heald will survive? Discuss.
Stockton Heald closing
Is this true?
Again...No NEW news. Same old thing.
"We have potential buyers..." but that's the same news since December or prior.
Seriously, any news?
Seriously, any news anyone?
Things Looking Up for Heald
New leads and enrollments, jobs being filled, employees promoted. Seems like we're staying the course. Paper and toner would be helpful during finals week and new quarter prep, though.
Please keep your options open. Management is.
I heard from a recruiter that many of top management are looking. YOU SHOULD TOO!
Any Information?
The silence from management has been very frustrating. I hate I have to go on a rumors board to get the information. If Heald is going to be shut down they should let everybody know so they can look for jobs. Does anybody here know anything? Please... — read more
New SEC Document posted today
Here is a link to the new SEC document filed today. http://www.sec.gov/Archives/edgar/data/1066134/000143774915000235/0001437749-15-000235-index.htm
I believe...
My opinion is that Heald will be sold. We will make it through this!
Merry Christmas
Merry Christmas to all my co-workers at Heald. Happy Holidays to the campuses, CAO, Online, and the old IT team that works for CSC. Here's to good news in 2015.
FAQ regarding Heald/CCi
This may be old news and passed along elsewhere, but I haven't seen it. This page is a FAQ on the California Attorney General's suit against CCi and Heald. I think it's useful because I've seen a lot of falsehoods floating around here. Note that this... — read more
I'm looking, but hoping still
I'm looking at other opportunities. But if Heald gets picked up I'm pulling out of every application. COME ON HEALD!!!!!!!! PRAYING FOR A MIRACLE!!!!
Why the hell are we still hiring for positions?
So I'm learning that Heald is still filling positions? And with people with no real experience. Why the hell???
Down to the Wire?
Friday is the supposed deadline for an offer. Will it happen?
Start your job search....
Get your ducks in a row just in case. Heald should have been sold off well before a 56 campus deal! The AG is not budging, regardless that Heald is an ICON! We unfortunately are getting. If you will not be a part of the teach out process, then it's... — read more
Article: "education of the government! by the government, for the government"
http://online.wsj.com/articles/regulation-for-profit-1417387556?ru=yahoo?mod=yahoo_itp
Seriously. Did the Department of Education decide Corinthian would start to teach out or shut down this winter, or
did Corinthian initiate the deal? What happens if all schools are not sold by Jan? Does CCI or the D of E call the next series of steps? Does Heald automatically go into teach out mode?