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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 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 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 ...
In 2017, EDMC reported that it had sold the existing Art Institutes to The Dream Center Foundation, a Los Angeles-based Pentecostal organization. [63] [64] The sale was complete in October 2017. [65] In 2017, EDMC reported 109 locations, but more than 40 Brown Mackie Colleges and Art Institutes schools were in the process of closing at that ...
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 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 Charlotte was a for-profit art school in Charlotte, North Carolina.It was 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.
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