(Closed) Did anyone attend Heald College? Loan Forgiveness

posted 3 years ago in College
Post # 2
Member
3450 posts
Sugar bee
  • Wedding: June 2016

I had never heard of it until just now, but when I looked it up it clearly states that the students get loan forgiveness. Did you fill out the astetation form? Have you tried calling Nelnet?

Post # 3
Member
13773 posts
Honey Beekeeper
  • Wedding: November 1999

The Department of Education has a very thorough guide about who qualifies for loan forgiveness from these insitutions and how to go about applying:

https://studentaid.ed.gov/sa/about/announcements/corinthian

FWIW, if they say you aren’t eligible, your decision of “well I’m just not paying” is a surefire way to tank your credit score.  No one will lend you money in the future (mortgage, cars, etc) if you just opt not to pay debts you incurred.  I get the frustration, but sabotaging your financial future isn’t the way to show the college you’re upset.

Post # 5
Member
13773 posts
Honey Beekeeper
  • Wedding: November 1999

stephaniee24 : Jobs run your credit. Mortgage lenders run your credit.  Hell, credit companeis run your credit.  If you choose to not pay for a loan that you did take out, it’s your own fault that your financial future would be ruined.  You may not get the job you want.  You may not buy the house you want.  You may not get the car you want.  All because you don’t want to pay this back.

Listen, I get it.  These schools were scams and screwed a lot of people.  Follow what the Department of Education says and hopefully it’ll get worked out. And if it doesn’t, it’s your own (terrible) choice to ruin your finances.

Post # 6
Member
3450 posts
Sugar bee
  • Wedding: June 2016

stephaniee24 :  You should pay for it because you chose to go to that school and take out loans for it. Regardless of whether or not it later turned out to be a scam, you made the decision to take out loans. That is not Nelnet’s decision, so they will not be the ones paying for it. 

Again, it looks like you get loan forgiveness. But in the mean time, not making your payments is really screwing you over. You’re the one with the credit score on the line, not the bank. Sorry Bee. Make your payments and wait for them to process your form. You already made the unfortunate decision to take out that loan, so please don’t make another bad decision and protest by not paying your own debt. Pay now or pay later when you cannot qualify for a car or house, or have to pay an insane interest rate just to buy a couch or dishwasher.

Post # 7
Member
945 posts
Busy bee
  • Wedding: September 2016

Do you understand that by not paying your student loans, you’ll destroy your credit? You borrowed the money to pay for your tuition – you have to pay it back. From the very quick Google search I did, it looks like there are options to tranfer for Heald College students. 

Terrible, terrible, terrible choice not to pay back your loans. 

Post # 10
Member
945 posts
Busy bee
  • Wedding: September 2016

stephaniee24 :  looks like a lot of people were able to get their transcripts though – did you never go to pick them up? 

You need to call Nelnet to discuss the options. No one here is going to advise you to just not pay your loans back.

Post # 11
Member
3450 posts
Sugar bee
  • Wedding: June 2016

stephaniee24 :  Oh that’s great! Have you called them to find out why it’s frozen and where they are in the process?

Post # 14
Member
1305 posts
Bumble bee

 

If you sister, husband and friend attended the same school and got forgiveness…why are you on here looking for help? Your husband can’t tell you what he did? 

Post # 15
Member
945 posts
Busy bee
  • Wedding: September 2016

You should be able to access the form on Nelnet’s site. They are also my loan servicer, and all of their forms are on the website. 

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