• Home
  • News
    • Politics / Govt
    • Legislature
    • Crime / Courts
    • Health / Medicine
    • Archives
  • Sports
    • Badgers
    • Packers
      • Titletown Report
    • Brewers
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Wisconsin Radio Network

Wisconsin News and Sports

You are here: Home / Education / Settlement wipes out over $900,000 in Wisconsin student debt

Settlement wipes out over $900,000 in Wisconsin student debt

December 8, 2015 By Andrew Beckett

More than 900 Wisconsin residents will have their student loans forgiven, as part of a settlement with multiple for-profit colleges.

The agreement between the Education Management Corporation and 39 states, including Wisconsin, means 933 former students from the state will have a total of $916,500 in college loans wiped out. The settlement is part of a deal to end investigations into illegal payments to recruiters and whether the schools misrepresented their job placement records.

The schools involved in the settlement are Milwaukee’s Art Institute of Wisconsin, and the online Argosy, Art Institute of Pittsburgh, and South University.

According to the state’s Educational Approval Board, the settlements will go to students with fewer than 24 hours of transfer credits who withdrew from their studies within 45 day. Their final days of studies must have been from 2006 through last year.

Share this:

  • Facebook
  • Twitter

Filed Under: Education, News



Featured Stories

Bucks escape with home court win over Mavs

Badgers break open a close game to beat Rutgers

No. 2 Badgers blank top-ranked Gophers in women’s hockey

Brewers avoid arbitration hearings with Hader, Woodruff

Wisconsin’s hockey game vs. ASU Friday night postponed

TwitterFacebook

Listen Now | More from Titletown ยป

Sports Headlines

Bucks escape with home court win over Mavs

Badgers break open a close game to beat Rutgers

No. 2 Badgers blank top-ranked Gophers in women’s hockey

Brewers avoid arbitration hearings with Hader, Woodruff

Wisconsin’s hockey game vs. ASU Friday night postponed

More Sports

Tweets by @WRN

Get our news delivered to your inbox:

Enter your email address:

Delivered by FeedBurner

Copyright © 2021 · Learfield News & Ag, LLC