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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 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 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 ...
In May 2024, the Biden administration announced that it would forgive $6.1 billion in student loan debt for 317,000 borrowers who attended The Art Institutes, a defunct for-profit university system of art schools, due to "pervasive and substantial" misrepresentations to prospective students about post-graduation employment rates, salaries, and ...
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 ...
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