December 01, 2015

Springfield Republican: US Sen. Elizabeth Warren questions federal settlement with Education Management Corporation

U.S. Sen. Elizabeth Warren, D-Mass., raised concerns Tuesday about the federal government's recent settlement with a for-profit college company, arguing that it may not even provide relief to the students who owe billions in loans.

Warren, who joined U.S. Sens. Dick Durbin, D-Ill., and Richard Blumenthal, D-Conn., in penning a letter to the Departments of Education and Justice, contended that the settlement with Education Management Corporation, which operates the Art Institutes, Brown Mackie and others, lacked accountability for company executives, as well as adequate relief for students.

Read the full article here.