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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 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 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 .
The Art Institute of Portland was a for-profit art school in Portland, Oregon, which briefly operated as a non-profit institution before it 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 .
The Art Institute of Austin's campus at 921 Main St. in downtown Bastrop is closing along with all the institute's other campuses.
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