Student-Loans

Education Management Corporation (EDMC) Settles Largest-Ever For-Profit Education Fraud Case for $95.5 Million, Forgives $103 Million in Student Loans

2015-11-16 00:00:00 +0000 UTC | Importance: 9/10

The United States Department of Justice and attorneys general from 38 states and the District of Columbia reached a landmark $95.5 million settlement with Education Management Corporation (EDMC) on November 16, 2015, resolving allegations that the nation’s second-largest for-profit education …

Education Management Corporation (EDMC) Art Institutes Argosy University Brown Mackie College South University +2 more for-profit-education fraud false-claims-act student-loans whistleblower +3 more

University of Phoenix Settles $78.5 Million False Claims Act Lawsuit for Illegal Recruiter Incentive Compensation

2009-12-14 00:00:00 +0000 UTC | Importance: 8/10

The University of Phoenix and its parent company Apollo Group agreed to pay $78.5 million on December 14, 2009, to resolve allegations that the nation’s largest for-profit university violated the False Claims Act by illegally paying recruiters based on the number of students they enrolled, …

University of Phoenix Apollo Group Mary Hendow Julie Albertson U.S. Department of Justice +1 more for-profit-education fraud false-claims-act student-loans whistleblower +3 more