More than 4,000 Emerson College students will receive tuition credit or checks ranging from $25 to $833.
According to the Boston Globe, this is in response to charges that the school steered loan applicants to companies that were allegedly giving gifts to the Emerson financial aid office. Emerson will pay a total of $780,000, making it the 28th U.S. school to settle under a joint investigation of the student loan industry by attorneys general in New York and Massachusetts.
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