DoJ Extras $95.5M Settlement from For-Profit Colleges
A Pittsburgh company that enrolls more than 100,000 students at for-profit trade schools and colleges across the U.S. is not admitting wrongdoing as part of a $95.5 million settlement with the Obama administration
US reaches $95.5M settlement in for-profit education case (Business Insider)
A Pittsburgh company that enrolls more than 100,000 students at for-profit trade schools and colleges across the U.S. is not admitting wrongdoing as part of a $95.5 million settlement with the Obama administration.
The settlement was announced by the Justice Department on Monday. It resolves allegations that Education Management Corp. used illegal enrollment incentives to pay recruiters and exaggerated its career-placement ability.
The company denies that but says it will "provide more transparency during the recruiting process" of students.
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