Lasell College plans to repay more than $191,000 to students amid allegations that the Massachusetts institution directed student-loan applicants to Citizens Bank, according to The Boston Globe. Lasell employees allegedly received “free entertainment, meals, and other gifts” in return for steering students to the lender. Martha Coakley, attorney general of Massachusetts, had accused the college of telling students that they were required to borrow from Citizens Bank, even though other lenders offered better rates.
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