$5M Settlement in Class Action by For-Profit Students

A federal judge on Friday approved a $5 million settlement between Chester Career College (over charges related to when it was called Richmond School of Health and Technology) and the for-profit's former students, the Associated Press reported The suit alleged that the school specifically recruited low-income students, who then borrowed money and didn't get much of an education at all. The fund will help the former students repay loans or obtain an education. A lawyer for the college said that the agreement did not constitute an admission of any of the charges.