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US reaches $95.5M settlement in for-profit education case

UPDATED A Pennsylvania company that enrolls more than 100,000 students at for-profit trade schools and colleges across the U.S. and Canada has agreed to pay $95.5 million to settle claims it illegally paid recruiters and exaggerated the career-placement abilities of its schools. Under the deal announced by the Justice Department on Monday, Education Management Corp. also agreed ...

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