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Former students of the for-profit Art Institutes are approved for $6 billion in student loan cancellation
The Education Department said Wednesday it'll automatically erase loans for 317,000 people who attended any Art Institute campus between Jan. 1, 2004, and Oct. 16, 2017.
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Former Students of 'Predatory' Art Institutes Get $6.1 Billion in Loans Erased
The Dept. of Education is clearing $6 billion in student loan debt to former Art Institute students after investigations into the chain of art schools found they used doctored data to recruit.
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Biden Announces $6.1 Billion Student Loan Relief for Art Institute Attendees
President Joe Biden on Wednesday announced the approval of more than $6.1 billion in student loan debt relief for nearly 317,000 borrowers who were enrolled at any Art Institute campus from January 2004 until October 2017.