Trump Settles Lawsuit Against Trump University for $25 Million

by leeLeave a Comment

President-elect Donald Trump is currently putting his White House cabinet together for when he takes office on January 20th, 2017. But he was getting sidetracked because of the three civil lawsuits that were pending against the obsolete Trump University. These were lawsuits filed against the so-called university for defrauding multiple students by promising them a quality real estate education and not giving it to them.

On Thursday, Trump agreed to settle out of court on the lawsuits and pay $25 million to close the cases. Trump did not admit to doing anything wrong, though. He claimed he only agreed to settle because he has to focus on building his presidential administration and fulfilling his promises that he made to the American people. In addition to paying full restitution to the plaintiffs, Trump has to pay $1 million in fines to New York state for breaking their educational laws. After all, Trump University is not a real university that had any accreditation behind it.

Trump has consistently denied any wrongdoing with Trump University. He even explained before that multiple students of the school had given it excellent remarks when they filled out a survey after paying for the real estate course. However, there are many other students who say the school charged outrageous fees and tuition rates for information that they could have easily researched on the internet. A lot of students paid five figures to get this information. Even a former sales agent for Trump University admitted the service being sold was not legitimate.

New York Attorney General Eric Schneiderman was responsible for filing one of the lawsuits against Trump University on behalf of the victims. There is estimated to be more than 6,000 people who were allegedly scammed by the university. The $25 million settlement is certainly a victory for those students who felt like they didn’t get a decent education.

Leave a Reply