Westwood College has agreed to pay $4.5 million to settle a lawsuit the state of Colorado filed alleging the school misled prospective students about its costs and how successful alumni are in finding jobs in their fields of study.
The settlement Wednesday shows the college agreed to pay $2 million to Colorado. It also agreed to pay $2.5 million in restitution to students who financed their tuition with the school’s APEX financing and to reimburse APEX finance charges.
The college hasn’t admitted to any of the claims.
The settlement requires Westwood to take actions including telling prospective students that credits earned probably won’t transfer to other schools.
Westwood says it had already made many of the changes Colorado sought.
Topics Lawsuits Education Universities
Was this article valuable?
Here are more articles you may enjoy.
World’s Largest Retirement Community Set to Borrow $180 Million for More Homes
Oaktree’s Deal to Buy A-Cap Insurer Crumbles, Spawning New Talks
EU Cyber Agency Warns Websites May Go Dark as PHP Prepares Critical Fix
Alabama Pharmacy, Not Agent, at Fault for Not Reading Policy Before $5M Judgment 

