This October 2016 photo shows The New England Institute of Art in Brookline, Massachusetts. The Biden administration said on April 30 that it has approved the cancellation of more than $6.1 billion in student loan debt.
Mandatory Credit: Collin Binkley/AP via CNN Newsource
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Biden to cancel $6 billion in student debt for borrowers misled by The Art Institutes, a former for-profit college group
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.

