Heald College

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Heald College
Heald-est-1863-horizontal-634.png
Motto Get in. Get out. Get ahead.
Active 1863–2015
President Eeva Deshon (last)
Location San Francisco
Campuses 12 campuses & online
Website heald.edu
The Heald College building in Milpitas

Heald College was a regionally accredited for-profit, business-career college with multiple campuses in California, and one campus in Oregon and Hawaii.[1] The school offered courses in the fields of healthcare, business, legal, and technology. Beginning in 2012, the school also offered full online degrees. Heald College was owned by parent company Corinthian Colleges, a for-profit education company known for its other career-college brands, Everest College and WyoTech.[2]

Corinthian Colleges is currently under investigation by the Securities and Exchange Commission and several attorneys general, including the California AG. The California AG is suing Heald for "false and predatory advertising, intentional misrepresentations to students, securities fraud and unlawful use of military seals in advertisements."[3][4]

"According to (California Attorney General) Harris' complaint, CCI's predatory marketing efforts specifically target vulnerable, low-income job seekers and single parents who have annual incomes near the federal poverty line. In internal company documents obtained by the Department of Justice, CCI describes its target demographic as "isolated," "impatient," individuals with "low self-esteem," who have "few people in their lives who care about them" and who are "stuck" and "unable to see and plan well for future." It is alleged the schools targeted people meeting these targets through aggressive and persistent internet and telemarketing campaigns and through television ads on daytime shows like Jerry Springer and Maury Povich."[5]

In November 2013, Corinthian Colleges reported that they were under investigation by the Consumer Financial Protection Bureau.[6]

In April 2015, the college was fined almost $30 million by Department of Education. The department found the school had misled students and loan agencies about the prospects for graduates to find jobs.[7]

On April 26, 2015, Corinthian announced that effective immediately it was closing all of its remaining campuses including Heald.[8]

History[edit]

The college was founded[9] in San Francisco, California, by Edward Payson Heald, on August 8, 1863, and known for many years as "Heald's Business College".[10]

In 2001, it changed its name from Heald Colleges to Heald College. A few years after that, in 2007, the then non-profit institution was acquired by a private investor group and turned into a for-profit college.[11]

In November 2009, Corinthian Colleges, Inc., purchased Heald College's parent company for $395 million, simultaneously announcing plans to begin in 2011 offering online-only courses leading to degree programs based entirely on online-only coursework. However, Corinthian planned to retain the Heald name, as well as its faculty and staff.[12]

Accreditation[edit]

From 1983 until its closure, Heald College had regional accreditation from the Accrediting Commission for Community and Junior Colleges of the Western Association of Schools and Colleges (WASC).[13] Heald offered Associate in Applied Sciences degrees[14] and Associate of Arts degrees, diplomas or certificates.

In addition, in July 2012, Heald College received accreditation from the Western Associate of Schools and Colleges accrediting commission for Senior Colleges and Universities (WASC Sr.).[15]

Campus locations[edit]

Heald College campuses were located in 12 cities:

In addition to Heald's physical locations, they also operated an online program that offered 7 different degrees.[16]

Notable alumni[edit]

References[edit]

  1. ^ "Corinthian College is a criminal enterprise: Then why are teacher pension funds buying their stock?". The Daily Censored. 2013-12-16. Retrieved 2014-02-19. 
  2. ^ "Corinthian Colleges, Inc.". 
  3. ^ "Discredited For-Profit College Operator Still Part of APSCU Trade Group". Huffington Post. 2013-10-11. Retrieved 2014-02-19. 
  4. ^ [1][dead link]
  5. ^ California Sues a Number of Colleges for Doing Bad Stuff. "California Sues a Number of Colleges for Doing Bad Stuff - Get Out of Debt Guy". Getoutofdebt.org. Retrieved 2014-02-19. 
  6. ^ Dougherty, Carter (2013-11-22). "For-Profit Colleges Face Consumer Bureau Probe on Lending Roles". Bloomberg. Retrieved 2014-02-19. 
  7. ^ Nasiripour, Shahien (15 April 2015). "Heald College Fined For Misleading Students About Job Prospects". Huffington Post. Retrieved 15 April 2015. 
  8. ^ http://www.sacbee.com/news/local/education/article19638141.html
  9. ^ Lewis Publishing Company in 1892
  10. ^ van Ommeren 2004
  11. ^ "Capstone Partners Advises Heald College on Acquisition by Investor Group". Capstone LLC. p. 7. Retrieved 26 June 2014. 
  12. ^ Nanea Kalani (6 November 2009). "Sale of Heald Colleges could lead to more student options". Pacific Business News. Retrieved 2009-11-12. 
  13. ^ "ACCJC DIRECTORY OF ACCREDITED INSTITUTIONS AUGUST 2012" (PDF). 1 August 2012. p. 13. Retrieved 13 August 2012. 
  14. ^ "Heald College Academic Catalog" (PDF). Heald College. June 2011. p. 3. Retrieved 24 July 2011. 
  15. ^ "WASC Commission Actions – June 2012" (PDF). 1 July 2012. Retrieved 13 August 2012. 
  16. ^ "Heald Online programs". Heald Online. Retrieved 5 December 2012. 
  17. ^ Kawakami, Kenjiro (2002). "William R. Gorham (1888-1949) and Japanese Industry". International Conference on Business & Technology Transfer. Retrieved 2013-05-08. 
  18. ^ Edward Sanford Harrison (1892). "Biographical Sketches". History of Santa Cruz County, California. Pacific Press Publishing Company. pp. 318–319. *

External links[edit]