My College Closed After I Graduated
My college closed after I graduated? What now? There are a number of options available for students in this situation. The best way to go about getting your debt under control is to apply for student loan consolidation or rehabilitation. Each option comes with its pros and cons. In case you’re wondering if your college closed after you graduated, here are some options that might help you. Even if your college closed after you graduated, you can still get a discharge from your federal loans.
The first step is to contact the new institution you’d like to attend and request to transfer your credits. If you’re concerned that the closed school misrepresented the course or result of your studies, you can ask the institution to make an exception. After all, five minutes on the phone could save you thousands of dollars. You should also make sure to order extra copies of your transcripts in case you need to transfer them. Once you’ve done this, you’re ready to apply for scholarships and grants.
Those who don’t want to risk their education may want to consider getting a job in the field they’ve chosen. For example, the American Career Institute closed eight campuses in 2013, leaving over 1,000 people behind. Robbins was enrolled in an 18-month computer network design program at the school, and the closure rendered the entire experience useless. His credits wouldn’t transfer to another college, and his local counterpart didn’t offer a similar program. Because of this, Matthew Robbins gave up on higher education for now.
My college closed after I graduated? What now? There are a number of options available for students in this situation.…