At its height, the Art Institutes chain had dozens of campuses across the country, the last of which closed in 2023 amid fraud accusations.with “pervasive” lies, the Education Department is invoking its power to cancel student loans for borrowers who were misled by their colleges.
According to the department's findings, the chain misled students about the success of graduates and about employment partnerships that would help students find jobs. One campus included the annual salary of tennis star Serena Williams to skew the average salary, investigators found. Williams studied fashion at the Art Institute of Fort Lauderdale, Florida.
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