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$42M Settlement Benefits Students of Former Rochester School


$42M Settlement Benefits Students of Former Rochester School
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St. Paul, MN (KROC-AM News) - Hundreds of former students of two defunct for-profit colleges in Minnesota could soon see their student loan debt erased and receive additional compensation.
Minnesota Attorney General Keith Ellison has announced a tentative settlement totaling $42 million to benefit 920 former students of the Minnesota School of Business and Globe University. The Minnesota School of Business operated the campus in northwest Rochester until both of the postsecondary schools shut down three years ago after the US Department of Education removed them from the federal student loan program. That followed a ruling by a Minnesota court that found the schools committed consumer fraud by misleading students. ....

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