Dade Medical College Closing- What Now For Students?
Dade Medical College Students were blindsided last Friday when the for-profit school announced it would be closing its doors on Friday.
When did the discontinuation go into effect?
Students and faculty had mere hours before they had to figure out what they were going to do next. Ernesto Perez, the majority owner of Dade Medical College sent out a memo informing student and staff that by the end of the day their college would be closing its doors.
According to the Miami Herald, Perez is under “federal scrutiny and mounting debts” and just couldn’t afford to keep the college running.
So, what did he do?
He waited until the very last second to tell the students attending Dade Medical of the issue and his decision to close the school that very day.
All six of the Dade Medical Colleges will be closing running from Homestead to Jacksonville including the University of Southernmost Florida (USmF), an affiliate university of Dade Medical.
So what now?
Like the other For-profit schools who have shut down earlier this year, the students of Dade Medical are left stranded- only much much faster than any other shutdown we have seen, like the Sanford Brown College shutdown or the Corinthian College shutdown. Atleast the students of these two schools were given much more notice than a few hours…
There is a class action lawsuit already pending against Ernesto Perez, who also turned himself into the courts last night for other pending charges. But this lawsuit is for the employees.
What about the students?
Students who were attending Dade Medical College and its affiliate school University of Southernmost Florida have gathered outside of the campuses demanding answers but getting little to no response.
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One main concern of students is for the student loan debt they have accrued while attending the college.
One nursing student claiming to have an abundance of over $50,000 in student loan debt and now no degree to show for all her hard work- not even a college to show for her work anymore.
Like the other shut down for-profit schools the student loan community has seen this past year or two, many Dade Medical and Univ. of Southernmost Florida will be stuck with this debt unless they can get it discharged by the DOE. However with so many already pending discharge cases against schools with the DOE, it is likely these students may never see that day come or may have to wait years to even have their case looked at.
That is why Dade Medical College and University of Southernmost Florida need to discover all of their options for their student loans.
There are several options available to students who have been affected by the closing of Dade Medical College. These options include government programs that help with the repayment of federal student loans and may include a lower student loan payment or even student loan forgiveness.
Discover your options for the repayment or forgiveness of student loans here or contact a student loan counselor at 877.433.7501.
mary says
Good afternoon
My name is Mary and attended Dade Medical College and I left with a loan of $26,000.
I would like to know where to go to get this bill off my shoulders
Amy says
Hey Mary,
There should be a lot of repayment options available to you- and maybe even forgiveness. Please give us a call at 877.433.7501 to speak directly with one of our experienced student loan consultants who will be able to take a look at your loans and explain your options to you.
Carol Romano says
I knew from the beginning when Dade Medical took over SCC that everyone attending would eventually get screwed. I fought with the University of Southernmost College to just finish my externship and take my tests because that was all I needed. They fought me or should I use a name Orlando kept making excuses they did after fighting for myself set me up with internship but rigged it so I couldn’t finish and would not here of any of the proof that I had that was being used to let me go from my position in my internship. So I was kicked out of school. I fought and fought to be able to finish as they had been payed in full. He would tell me that he had to check with certain people to discuss if I should be allowed to finish and he would contact me in a couple of days. This went on for years I knew the school was a front for money and that they were going to get everything they could get and then close up the doors with no notice. I tried to tell people but you didn’t listen. I think not only the owner should be punished but everyone who played the game for him to get what he could including Orlando…..