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What is the controversy with the Art Institute?

The for-profit college chain was owned by a large company that faced allegations of illegal recruiting practices across 39 states and Washington, D.C., and numerous lawsuits alleging fraud. The company ultimately agreed to a historic $95 million settlement with the U.S. Department of Justice.

When was the Art Institute sued?

In August 2011, the U.S. Department of Justice and four states filed suit against The Art Institutes owner, Education Management Corp., for fraudulently receiving $11 billion in state and federal aid.

How did the Art Institute mislead students?

LOS ANGELES (CN) - The Art Institute of California misleads students into thinking that government loans can cover the cost of tuition at the for-profit college, then leaves them without a degree and saddled with debt, a class claims in Federal Court. For-Profit Art Institutes of California Accused of Swindle courthousenews.com for-profit-art-institut courthousenews.com for-profit-art-institut

How to get Art Institute loan forgiveness?

To apply for a closed school loan discharge, you can do either of the following: Complete the closed school loan discharge application sent to you by your servicer, or complete the closed school loan discharge application at StudentAid.gov/closedschoolform, and return it to your loan servicer. Art Institutes Closure Fact Sheet - Federal Student Aid Federal Student Aid (.gov) sites default files Federal Student Aid (.gov) sites default files PDF

Why are The Art Institutes closing?

After losing accreditation in 2018, falling enrollment numbers and financial instability have led the Art Institutes to shut the doors of its remaining campuses. US art college network abruptly closes its remaining campuses, shocking theartnewspaper.com 2023/09/28 final-a theartnewspaper.com 2023/09/28 final-a

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