Thread regarding Heald College layoffs

Teach out questions

If they teach out, do the campuses stay open? I was reading that they might just move all classes online for a teachout because its cheaper. Is that true? Would campus faculty be able to teach classes online? Please post real information here not jokes. Trying to figure out what to do and how to pay bills.

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| 908 views | | 13 replies (last April 25, 2015) | Reply
Post ID: @OP+BbrMfPg

13 replies (most recent on top)

139, you laugh, but our former head of career services was among the first Heald Parthenon winners. Creepy in retrospect.

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Post ID: @tq6+BbrMfPg

136, I wasn't referring to if they file BK, my scenario might only be possible if they choose to teach out

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Post ID: @BsM+BbrMfPg

@179: I'm a Heald graduate. I can barely manage my finances. How do... I see what you did there.

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Post ID: @b3H+BbrMfPg

The chances of being sold are better than a teach out and there is zero chance of a sale.

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Post ID: @M7q+BbrMfPg

176 You should be in executive level management.

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Post ID: @JGc+BbrMfPg

Maybe we can ask Career Services to find everyone jobs!

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Post ID: @plo+BbrMfPg

Work under the assumption that there is no teachout--under the current financial burdens Heald is facing, funding one would be very difficult and would end up being small scale. Apply for as many jobs as you can because it takes a long time to get one and, even with a teach out, you would need a new one eventually

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Post ID: @y7n+BbrMfPg

Not all classes can be finished online so a 100% online teach-out isn't an option. A large part of teach-out is finding students other places to complete their education. But like some posters said, if there is no money for the overhead and payroll, a teach out can't happen.

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Post ID: @zwE+BbrMfPg

You mean blowjobs right? I remember seeing Jack there, he did look busy.

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Post ID: @K0d+BbrMfPg

Will there be another Parthenon during teach out? I hope so, there was so much blow going around at the last one. One of the best parties I've ever been to.

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Post ID: @jXK+BbrMfPg

133 not if they claim bankruptcy and their assets are seized by the bank.

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Post ID: @A4s+BbrMfPg

123, that might not be exactly true. If they decide to teach out, ED can still disburse Title IV funding to keep us open while we wind down operations. I'm not saying that this will happen, but it is one option.

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Post ID: @BHQ+BbrMfPg

If there is bankruptcy, there won't be a teach out. Since they can't pay there bills even down to the dumpsters, and they have zero new money coming, they don't have money for a teach out.

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Post ID: @HpD+BbrMfPg

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