Art Institute Lawsuit In 1991 I moved to Washington, D.C. schlepping the gathering with me. I put it in storage, because the job I moved for disappeared with rising unemployment. I barely survived on a neighborhood time administrative assistant job with a small PR firm. it had been all I could get and that i was happy to possess any income.
My dreams of being a political reporter on the streets of the nation’s capital were pulverized with every step back and forth to the Metro for my admin job.
Things didn’t improve quickly. It took another two years before I regained my former level of professionalism, but the years in-between were brutal.
I was ready to move up to a far better position at the local business weekly. I accepted the work after repeated attempts to urge an assistant to the assistant editor job at the Washington Post resulted in an exasperated reply that they were laying people off! Didn’t i do know that?
The $50 a month to store the collection was a barricade keeping me from getting to the dentist or getting my car fixed. However, i used to be at a loss on what to try to to with the art? I came to an equivalent conclusion and realization Greg Dunning had: sell it and provides the cash to her son.
Type of Art Institute Loan ForgivenessThere is a glimmer of hope for students whose present and future financial conditions were affected by the recent closure of the Art Institute colleges. A large portion of students are getting loans forgiven under the Art Institute loan forgiveness programs. Students caught in the unfortunate incident of Educational Management Corporation’s demise can apply for loan forgiveness in two ways:
- The Closed School Student Loan Program
- The Borrower’s Defense against Repayment Program
Closed School Student Loan Discharge
The first student loan forgiveness program (The Closed program) is operational under the federal government’s long-standing intervention in the case of students from colleges that were closed down due to one reason or the other. Therefore, if your college closed down before you get the chance to finish your education, you may be eligible for this discharge program. Under this program, you must have left the school no more than 120 days before its closure, or you were still a student at the art institute before its close down.
These are the two general eligibility criteria for students under this program. Former students can obtain the art institute loan forgiveness under these provisions.
Who Is Eligible?
There is a lot of information online about the Closed Program. Students can, at times feel overwhelmed with an avalanche of information. Hence, we have simplified the information so you know what to look out for and determine if you can benefit from the art institute loan forgiveness program. To make the best of this information, please take your time to review it before carefully applying for the program.
As explained earlier, students get loans that they took during your study at The Art Institute written off if you meet two essential criteria.