DENVER (CBS4) – Some students who took out federal loans to attend the Art Institute of Colorado won’t have to pay those loans back. The school shut down at the end of 2018.
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Former students sued the U.S. Department of Education. They said the federal government gave out the loans even after the school lost accreditation.READ MORE: Firefighters Responding To The West Ranch Fire In Jefferson County
On Friday, Secretary of Education Betsy DeVos announced students who attended last year will have their federal loans canceled.MORE NEWS: Some Evacuations Ordered For Miners Candle Fire Near Dumont