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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 Biden administration has forgiven $6.1 billion in student loan debt for people who attended the now-defunct, for-profit Art Institutes in the U.S. ... loan debt for people enrolled at any Art ...
The Biden administration is erasing $6.1 billion in federal student debt for 317,000 former attendees of The Art Institutes, a defunct for-profit chain of art colleges, officials announced Wednesday.
The pair of student loan proposals expected to be withdrawn Friday represented Biden’s second attempt at widespread debt cancellation after the Supreme Court rejected his first plan. One of them is a proposal from April would have provided targeted debt relief to 30 million Americans. It laid out several categories of borrowers eligible for ...
[6] [7] [8] The student debt group "I Am Ai" has acted as a support group for students and former students of the Art Institutes, offering advice about debt cancellation. [9] All remaining Art Institute schools closed on September 30, 2023.
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 ...
In 2022, the EDMC schools Argosy University, The Art Institutes, Brown Mackie College, and South University were among 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers, assisted by the Project on Predatory Student Lending, part of the ...
The Higher Education Relief Opportunities For Students (HEROES) Act (Pub. L. 108–76 (text)) was legislation passed unanimously by the United States Congress and signed into law by President George W. Bush on January 16, 2002. It was extended and amended in 2003, extended in 2005, and made permanent in 2007.