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People walk past the Art Institute of Philadelphia in 2015. The Biden administration on Wednesday said it will cancel $6 billion in student loans for people who attended the Art Institutes, a ...
The Biden administration on Wednesday said it will cancel $6 billion in student loans for people who attended the Art Institutes, a system of for-profit colleges that closed the last of its ...
The department said it will pause loan payments and refund past federal payments for those marked for this forgiveness. A review by Education Department officials found The Art Institutes and ...
Due to the uptick in student loan forgiveness scams, the FTC has sent more than $4.1 million in refunds to borrowers who lost money to scammers. Luckily, the U.S. Department of Education has ...
Despite these scams, student loan forgiveness is offered by the DOE for certain individuals. More information can be found on the department website. How scammers try to con student loan borrowers.
As many as 13 Art Institute campuses remained open in 2019, [46] [47] with the remaining schools facing financial struggles. [48] In 2022, the Art Institute was one of 153 institutions included in student loan cancellation due to alleged fraud.
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Biden to forgive over $6 billion in student loans for defrauded Art Institute students. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...