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Underlying student loan forgiveness is the logic that people who attended college in the recent past are more deserving of government assistance than everyone else, which makes little … Regency Beauty Institute-Olathe Student Loans; Apply Now Student loans should expand your possibilities, not limit them! Matthew Chingos. Regency will be held responsible for any return of Federal Student Aid funds which were due to students and have not yet been received or earned prior to closure. Art Institute Lawsuit Loan Forgiveness . Regency Beauty Institute-Aurora Student Loans; Apply Now Student loans should expand your possibilities, not limit them! College may be all fun and games (or, not at all) until you have to accept student loans. Regency Beauty Institutes operated 79 schools in 19 states but on September 28, 2016 they announced after 50 years in operation it was closing immediately. 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