Heald students: if you're in a situation in which not many of your credits will transfer and you will be starting almost from scratch, take the loan discharge. However, if you find a program that will accept most of your credits and you will be able to graduate soon, then transfer.
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Take the loan discharge because not much transfers in the vocational programs of Heald - and probably less transfers
considering a location and available schools in an area.
I'd just hate to see an IT student transfer to ITT Tech because they'll take a few classes. The debt relief is much more valuable in this instance.
If a student's going to have to start from scratch anyhow, then it makes sense (i.e. a school won't take the majority of his or her credits), then it makes sense to start anew with no debt. If a student is close to graduation and is able to graduate quickly (i.e. a place that will accept most credits and will put the student on the road to completing at or near the same pace while granting a reliable degree), then time is the more important consideration.
755, it isn't that easy. If a student is in far enough in their program and another school will accept the credit and the student is still wanting to make that program focus their career choice, then forgiveness is a bad idea because the student will not be able to make up for time spent. If they are only getting started in a program and they have changed their mind about doing what they started or they can not get a school to accept their credits then for heavens sake take the forgiveness. I just hope each student is individually getting the opportunity to make a better informed decision this go around.
Please take this advice, I know it will feel like a waste right now but getting your loans forgiven is much more valuable to you than a few college credits. Take the loan forgiveness, this can't be stressed enough.