Salter College, For-Profit in Massachusetts will Close

An NBC News post on July 11, 2019 indicates that "For-profit Salter College, accused of defrauding students, will close and pay $1.6 million in debt relief."

Reporter Corky Siemaszko indicated that Salter College and its parent company, Premier Education Group, agreed to provide $1.6 million in debt relief to students and cease operations in Massachusetts by the end of 2019.

Earlier in the day, NBC News in cooperation with The Hechinger Report posted "'They just saw me as a dollar sign': How some certificate schools profit from vulnerable students."

Premier Education Group agreed that is will no longer enroll Massachusetts students, including through its internet and other remote programs. Premier operated the Salter School in Fall River and Malden, Salter College in West Boylston and Chicopee, and the Branford Hall Career Institute in Springfield.

Salter College was founded by Mrs. Dorothy Lowell Salter in Worcester, Massachusetts in 1937 as the Salter Secretarial School. In January 2002 Salter was acquired by Premier Education Group, located in Branford, Connecticut. In April 2002, branch campuses were added in Malden and Tewksbury, Massachusetts. The Fall River branch was added in the summer of 2003. Then in February 2007, Salter School was granted authority to change its name to Salter College

If you are interested in recent trends for closures, mergers,and acquisitions access College Closures since 2009 in the index at the right of any College History Garden page. There are separate tabs for non-profit closures, for-profit closures, and one for mergers and acquisitions. Each tab includes basic information for the institutions, i.e., Carnegie Classification, sector, accrediting agency, and the IPEDS unitid.