Potential Westwood College Loan Forgiveness Due to Recent Closure
SAY GOODBYE ON THE WAY OUT
Students, faculty, and staff were informed on Nov. 11, 2015, that the college had ceased registering new students. Unlike several other schools that shut their doors without heads up, leaving their students stuck, Westwood officers have stated they’re going to keep on training lessons for the 600 pupils currently enrolled in its lessons.
14 Westwood grounds owned and operated by Denver-based Alta Schools. All the Westwood grounds – which possess a combined enrollment of 6,500 pupils, in accordance with the business website — are likewise impacted. You’ll find four campuses in California, others being in Anaheim, Torrance, and La. There are additionally Westwood websites in Il, Virginia, and Georgia, the business has online software too. Merely the business’s Red Stone College, in Broomfield, Colorado, may stay available.
- owned by Alta Colleges Inc
- Founded 1953 in Denver, Colorado
- was an American for-profit institution of higher learning
- 14 campus locations in five states and online learning options
- Since its inception in 1986, Westwood has graduated more than 37,000 students.
- The college closed in March 2016
Today, you will find an e-mail recently delivered to present students informing them, they have to move by Feb 19.
“…we will introduce you to the partner schools that will assist you in completing your education and you will have full opportunity to explore what benefits each may offer to you,” an email says.
Westwood states grounds will close by March 8, and we have also realized from an auction site that on March 2 the college will sell assets at its O’Hare university from 15 campuses throughout the country.
In 2012, Westwood resolved together with the attorney-general of Colorado for $4.5 million for misleading advertising. In 2009, the university agreed to some $7 million settlement with the U.S. Department of justice-related to criticism about submitting bogus claims for federal student assistance.
Westwood issued this statement:
“We are proud of our tradition dating back to 1953 of helping nearly 40,000 graduates reach their education and career goals. Westwood College has been through an extended period of declining enrollments due to market shifts and changes in the regulatory environment. On November 11, 2015, Westwood College announced its decision to discontinue all new student enrollments. Since making that announcement, the College has been focused on providing quality education and campus services to our students. And also developing a transition plan for students to complete their education.
After identifying and contracting with a strong group of partner schools that will provide options for students to complete their education, Westwood has decided that the January 2016 Term will be the last term taught at Westwood College. Westwood will have graduated an additional 1,000 students in the December 2015 and January 2016 terms, and 2,500 students will complete their degrees with one of the partner schools.”
Westwood College Student Loan Forgiveness
Student loan debt has reached an all-time high. And according to the Consumer Financial Protection Bureau, the total amounts to around $1.4 trillion. Goodbye Loans can help determine if you qualify for student loan forgiveness as a result of theÂ Westwood College closure.
Goodbye Loans matches thousands of graduates with federal programs. That are offered by The Department of Education to consolidate and lower their current Federal student loans. We help you take advantage of the latest regulations put in place by Congress and President Obama and potentially save thousands of dollars. Debt is hard to ignore. When you are staring down a ballooning credit card balance. And also fending off insistent phone calls from angry creditors, can be an all-consuming enemy.