For-Profit College System To Pay Up
A $102.8 million loan-forgiveness program and $95.5 million settlement have been drawn up after the Education Management Corporation (EDMC) was accused of using unlawful student recruitment programs.
EDMC currently exists as the second-largest chain of for-profit education in the United States, after Laureate International Universities. With over 100 campuses operating in the United States and Canada, this corporation includes the Art Institutes, Brown-Mackie...
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