For-profit art school closing Schaumburg location

A nationwide for-profit art school is closing branches in Schaumburg and Chicago and its website is directing current and future students to the campuses that will remain open in other states or its online offerings.

Operators of the Illinois Institute of Art - not to be confused with the private, nonprofit School of the Art Institute of Chicago - announced plans to shutter the Illinois campuses as well as more than a dozen other campuses nationwide in a statement issued earlier this week. More than half of all the campuses will be closing nationwide.

Dream Center Education Holdings is the parent company of the Institute of Art operations as well as Argosy University and South University. The company is also closing several of those for-profit campuses as well, citing a "responsibility" to be more "responsive" to the "needs of our students and the changing demands of higher education."

The message on the school's website is directing potential students to online offerings as well as campuses in Pittsburgh and Atlanta that are remaining open.