For-profit Salter College, accused of defrauding students, will close and pay $1.6 million in debt relief – NBC News
“Salter College misled students and deprived them of the information they needed to make informed choices about their education,” the Massachusetts attorney general said.
A Massachusetts for-profit college that was accused of defrauding students and driving them into debt is going out of business.
Salter College and its parent company, Premier Education Group, agreed Tuesday to provide $1.6 million in debt relief to students and shutter their doors in the state by the end of the year. The announcement came on the same day that NBC News published an exposé done in cooperation with The Hechinger Report that focused specifically on the school.
“Salter College misled students and deprived them of the information they needed to make informed choices about their education,” Massachusetts Attorney General Maura Healey said in a statement. “The settlement will provide students the relief they deserve and stop this predatory for-profit school from doing business in our state.”