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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.
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 ...
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 ...
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 ...
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.
Biden announced an additional $4.5 billion in student-debt cancellation for 60,000 borrowers in public service. It's a result of fixes to the Public Service Loan Forgiveness program over the past ...