Please help update this article to reflect recent events or newly available information. In 2001, there were around 20 campuses of The Art Institutes this grew to approximately 30 locations in 2006 when the school's parent company was acquired by Goldman Sachs,Providence Equity Partners, and Leeds Equity Partners In 2009, EDMC became a publicly traded corporation, reaching 50 Art Institutes in 2010.
The Art Institutes expanded through the acquisition of existing art colleges and the establishment of new Art Institutes. Starting in 2000, The Art Institutes began offering bachelor's degrees and, in 2001, launched its distance education program, Art Institute Online, which began offering bachelor's and non-degree programs online. The Art Institutes system was created in 1969 when Education Management Corporation (EDMC) acquired The Art Institute of Pittsburgh, which was founded in 1921.
The student debt group "I Am Ai" has acted as a support group for students and former students of the Art Institutes, offering advice about debt cancellation. These efforts are premised on allegations they were defrauded. The Art Institutes have faced accreditation and legal issues and student loan debtors have appealed to the US Department of Education for debt cancellation through defense to repayment claims. The Art Institutes offer programs at the certificate, associate's, bachelors, and master's levels. Since 2019, the schools have been owned by Education Principle Foundation (formerly known as Colbeck Foundation), a non-profit that also owns South University. The Art Institutes ( AI) are a collection of independently operated art schools in the United States.
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