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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 ...
Thousands of former students of the Art Institutes claim they have been deceived and misled by the schools and their recruiters and have filed claims with the US Department of Education. [72] [73] [74] Art Institute students are able to file defense to repayment claims with the US Department of Education. [75]
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 Art Institute of Virginia Beach is closing its doors at the end of the month, along with all other branches and campuses of The Art Institute system. The closure was announced on the college ...
The Art Institute of Fort Lauderdale is a former for-profit art and culinary school in Fort Lauderdale, Florida which closed in 2018. The school was one of a number of Art Institutes , a franchise of for-profit art colleges with many branches in North America, owned and operated by Education Management Corporation (EDMC).
The Art Institutes system is a subsidiary of Education Management Corporation (EDMC), which is headquartered in Pittsburgh.EDMC has been the subject of several lawsuits and investigations alleging that the company made misleading claims in its efforts to recruit students; [4] [5] the company agreed to pay nearly $96 million, and change its student recruitment methods, to settle the civil ...
The Art Institute of New York City was a for-profit college in New York City. The school was one of a number of Art Institutes , a franchise of for-profit art colleges with many branches in North America, owned and operated by Education Management Corporation .
In 2017, Education Management Corporation reported that it had sold the Art Institute of Pittsburgh and the other existing Art Institutes to Dream Center Education Holdings (in turn a division of The Dream Center, a Los Angeles-based Pentecostal non-profit 501(c)(3) established in 1994). [1] [18] [19] The sale was completed in October 2017. [2]