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.
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: Park Hill Residents File Lawsuit Against Safe Outdoor Space For Homeless In Church Parking Lot Busy Friday Night In Downtown Denver Could Signal Trend Toward Post-Pandemic Life
On Friday, Secretary of Education Betsy DeVos announced students who attended last year will have their federal loans canceled.MORE NEWS: Colorado's Comeback: Moviegoers Return To Regal Theatres Amid COVID Safety Protocols