Biden to cancel $6 billion in student debt for borrowers misled by The Art Institutes, a former for-profit college group
By Katie Lobosco, CNN Washingotn (CNN) — The Biden administration said Wednesday that it has approved the cancellation of more than $6.1 billion in student loan debt held by 317,000 borrowers who previously attended The Art Institutes, a now-defunct network of for-profit colleges. The Department of Education found that the schools misled prospective students about
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