Facing lawsuit, DeVos erases student loans for 1,500

The U.S. Education Department is forgiving student loans for more than 1,500 borrowers who attended a pair of for-profit colleges that shut down last year.

Secretary Betsy DeVos announced Friday that students who attended the Art Institute of Colorado and the Illinois Institute of Art from Jan. 20, 2018, through the end of last year will have their federal loans canceled.

Former students from both schools sued DeVos in October and demanded loan forgiveness, alleging the department illegally disbursed funding to the schools even after they had lost accreditation.

But the department blames the schools’ accreditor, saying it harmed students by giving the schools a “newly developed and improperly defined accreditation status.”

DeVos said she her agency is “committed to holding institutions and accreditors accountable to the students they serve.”

Associated Press

Associated Press

TOP STORIES

KBJR 6 Weather Authority

Ashland
23°
Hayward
24°
Superior
20°
Hibbing
16°
International Falls
11°
Grand Marais
12°
Ironwood
25°
Siren
23°
Solon Springs
21°
Munising
33°
Brainerd
26°
Bemidji
Aitkin
Silver Bay
Cloquet
18°
Cook
12°
Ely
12°
Grand Rapids
14°
Mora
27°
Moose Lake
18°
Orr
14°
Two Harbors
19°
Hinckley
25°
Connect with KBJR 6
Top Stories
10 Things to Know for Today

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. OUSTED AMBASSADOR TO TESTIFY IN IMPEACHMENT PROBE

Read More »
Scroll to top
Skip to content