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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 Education Department will automatically erase loans for 317,000 people who attended any Art Institute campus between Jan. 1, 2004, and Oct. 16, 2017. The department says it's taking action after reviewing evidence from the attorneys general of Massachusetts, Iowa and Pennsylvania, which previously investigated complaints of fraud and sued ...
On Wednesday, the Biden administration announced that it was canceling $6.1 billion in student loan debt for people enrolled at any Art Institute from January 2004 through October 2017 — 317,000 ...
The Education Department will automatically erase loans for 317,000 people who attended any Art Institute campus between Jan. 1, 2004, and Oct. 16, 2017. In total, the Democratic administration says it has approved the cancellation of almost $160 billion in student loans through a variety of existing programs.
Multiple Art Institute campuses in California shuttered by the end of 2019, including one in Sacramento. Biden cancels $6 billion in loan debt for Art Institute students, including Sacramento ...
On June 27, 2013, the Art Institute of Colorado was placed on notice by its regional accreditor, the Higher Learning Commission (HLC) of the North Central Association of Colleges and Schools. The commission cited concerns related to student success, including retention and attrition, institutional review of data related to student success ...
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.
The Art Institutes, of which there were approximately 50 locations in the U.S. and Canada, offered programs in design, fashion, media and culinary arts. [16] In 2017, Education Management Corporation sold the existing Art Institutes to The Dream Center Foundation, a Los Angeles-based Pentecostal organization.
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