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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 Art Institutes system was created in 1969 when Education Management Corporation (EDMC) acquired The Art Institute of Pittsburgh, [12] [13] [14] which was founded in 1921. [15] Starting in 2000, The Art Institutes launched its distance education program, Art Institute Online, to allow students to work towards bachelors degrees in graphic ...
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 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.
The university had programs in design, media and visual arts, fashion, and culinary arts. Its sister schools were the Art Institutes, a collection of schools once owned by Education Management Corporation (EDMC) and Dream Center Education Holdings (DCEH). Established in 1965, the university provided career-focused education in the applied arts ...
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 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 ...
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