TBA Law Blog


Posted by: Kate Prince on Feb 4, 2020

Attorney General Herbert H. Slatery III has joined a bipartisan coalition of attorneys general asking U.S. Department of Education Secretary Betsy DeVos to discharge the federal student loans of all students enrolled in schools operated by Dream Center Education Holdings, LLC. Nashville’s Argosy University and The Art Institutes were both operated by Dream Center and closed in December 2018. The federal “closed school discharge” regulation makes former students eligible for 100% discharge of federal student loans if they were enrolled at the time of closing, were on approved leave when the school closed or withdrew within 120 days of the school’s closure. DeVos extended that 120-day window by a few weeks in November, but it still left many Tennessee students ineligible for debt relief. Read the coalition’s full letter to DeVos.