The Chronicle of Higher Education
November 17, 2015
by Goldie Blumenstyk
In exchange for having broken laws, “the company agrees not to break the law going forward? None of this sounds like remedy to me,” said Toby Merrill, director of the Project on Predatory Student Lending, at Harvard Law School. “The company has taken billions of federal funding and distributed that to its executives and shareholders,” but students will see very little of it, Ms. Merrill said.
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