• Tuesday, November 24, 2009
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Florida Attorney General Settles With Corinthian Division

The Florida attorney general’s office and Florida Metropolitan University, a division of Corinthian Colleges Inc., have reached a settlement that ends an investigation of complaints by some former students that the for-profit institution misrepresented the transferability of academic credits earned there, the St. Petersburg Times reported.

Florida Metropolitan did not admit any wrongdoing in the settlement, which was quietly reached in August, but it did agree to modify the information it gives potential students “to provide clear and conspicuous disclosures regarding transferability of credits.” The institution also agreed to continue operating a center it established in 2004 to help students with the transfer credits, and to pay $99,900 for investigative costs and legal fees.

While the agreement ended the attorney general’s two-year investigation, a number of lawsuits filed on behalf of more than 100 former students are still pending. Florida Metropolitan, which officially changed its name on Monday to Everest University, enrolls 11,000 students on its 10 campuses.

Other Corinthian subsidiaries have been in the news recently. Federal agents raided a campus of the National School of Technology in Fort Lauderdale, Fla., last month, and in late July, Corinthian agreed to pay $6.5-million to resolve legal action by the State of California regarding the marketing practices of its campuses there. Like the Florida agreement, the one in California contained no admission of wrongdoing. —Charles Huckabee