Virginia Students of For-Profit Schools Won't Pay Loans - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Virginia Students of For-Profit Schools Won't Pay Loans


RICHMOND, Va. (AP)- About 2,000 former students in Virginia won't have to pay $2.3 million in outstanding loans for online courses of a Pittsburgh firm that runs for-profit trade schools and colleges.
Attorney General Mark Herring announced Virginia's portion of the agreement Monday with Education Management Corporation.
The U.S. Justice Department announced a $95.5 million settlement to resolve allegations that the corporation used enrollment incentives to pay its recruiters and exaggerated its career-placement ability.
The federal government says the firm relied on deceptive recruiting tactics to sign up students it knew were unlikely to succeed or finish its programs.

Powered by Frankly

All content © Copyright 2000 - 2018 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices