New York Times: For-Profit College Expected to Pay Millions
The nation’s second-largest for-profit college operator, Education Management Corporation, is expected to agree to pay nearly $90 million to settle a case accusing it of compensating employees based on how many students they enrolled, encouraging [...]
Trib Live: EDMC, Federal Government Close to Settling Multi-Billion Dollar Suit
Education Management Corp. is close to settling a lawsuit in which the government sought to recover billions of dollars it alleged the Downtown-based operator of for-profit colleges obtained by falsely saying it was in compliance [...]