The U.S. Justice Department said Monday that it had reached a “landmark global settlement” with Education Management Corporation, the second-largest for-profit education company in the nation, in which the company agreed to pay $95.5 million to resolve whistleblower allegations that it used unlawful methods to recruit and enroll students to its campuses. Education Management Corporation, which is headquartered in Pittsburgh, Penn., operates four post-secondary school brands: the Art Institutes, South University, Argosy University, and Brown-Mackie College. Student enrollment across the company’s schools exceeds 100,000 students. Accusations against Education Management Corp.’s practices have been raging for years, including allegations that its ... Read More
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