{"id":2234390,"date":"2024-05-01T09:58:02","date_gmt":"2024-05-01T13:58:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-announces-6-1-billion-student-loan-relief-for-art-institute-attendees\/"},"modified":"2024-05-01T10:00:01","modified_gmt":"2024-05-01T14:00:01","slug":"biden-announces-6-1-billion-student-loan-relief-for-art-institute-attendees","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-announces-6-1-billion-student-loan-relief-for-art-institute-attendees\/","title":{"rendered":"Biden unveils $6.1B student loan relief for Art Institute students"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-announces-6-1-billion-student-loan-relief-for-art-institute-attendees%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2234390&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>President \u2064Biden announced the \u200dapproval of \u2062$6.1 billion in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-extends-9-billion-more-of-student-debt-relief-to-125000-borrowers\/\" title=\"Biden grants additional B in student debt relief to 125K borrowers.\">student loan\u2064 debt relief<\/a> for over 317,000 Art \u200bInstitute borrowers.\u2062 The Art Institutes, a\u200d for-profit \u200bart school system \u2063in the US, faced legal issues \u200cand closed \u2062in September. This relief is part \u200bof the Biden administration&#8217;s efforts, totaling nearly $160 billion for \u200b4.6 million borrowers. Biden \u2064aims to\u200d <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bipartisan-bill-seeks-to-penalize-colleges-while-providing-relief-to-student-loan-borrowers\/\" title=\"Bipartisan bill seeks to penalize colleges, while providing relief to student loan borrowers\">address student loan debt<\/a> \u200cconcerns, particularly for progressive voters.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div>\n<p>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.<\/p>\n<p>The Art Institutes was a private for-profit system of art schools in the United States that faced a host of legal issues and closed last September.<\/p>\n<p>The Education Department found that The Art Institutes and its parent company, Education Management Corporation, made &#8220;pervasive and substantial misrepresentations to prospective students about postgraduation employment rates, salaries, and career services during that time.&#8221;<\/p>\n<p>The measure brings the total amount of student loan debt relief put in place by the Biden administration to nearly $160 billion for nearly 4.6 million borrowers.<\/p>\n<p>Progressive voters, whom Biden, a Democrat, hopes will support him against Republican challenger Donald Trump in the November election, have pushed the White House to address student loan debt.\t<\/p>\n<p>Biden last year pledged to find other avenues for tackling debt relief after the Supreme Court in June blocked his broader plan to cancel $430 billion in student loan debt.<\/p>\n<p>As of June 2023, approximately 43.<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-cancels-5-billion-in-student-debt\/\" title=\"Biden wipes out B student debt\">4 million student loan recipients<\/a> had $1.63 trillion in outstanding loans, according to the Federal Student Aid website.<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Biden approved over $6.1 billion in student loan relief for around 317,000 borrowers who attended any Art Institute campus between January 2004 and October 2017. The Art Institutes, a for-profit art school system in the US, encountered financial challenges<\/p>\n","protected":false},"author":66,"featured_media":2234391,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/freebeacon.com\/wp-content\/uploads\/2024\/03\/biden-illegal.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[],"class_list":["post-2234390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/freebeacon.com\/wp-content\/uploads\/2024\/03\/biden-illegal.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2234390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2234390"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2234390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2234391"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2234390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2234390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2234390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}