Joe Biden cancels $6.1 billion in student debt for attendees of defunct Art Institutes
The Biden administration announced Wednesday it’s canceling $6.1 billion in student debt for 317,000 borrowers who attended the Art Institutes, a defunct, for-profit art school that shuttered its campuses last year. Under the plan, borrowers enrolled at any Art Institute campus between Jan. 1, 2004, and Oct. 6, 2017, can have their debt forgiven. The […]