Date: June 13th, 2020 3:00 PM
Author: glassy fat ankles degenerate
https://www.law.com/2020/06/12/4th-circuit-affirms-charlotte-law-schools-deal-to-pay-former-students-2-65m/
4th Circuit Affirms Charlotte Law School's Deal to Pay Former Students $2.65M
It would have taken more than $100 million to even refund a year of tuition for all the students who were unable to complete their law degrees, objectors argued. But those who brokered the agreement said they pulled in every dollar on the table.
https://taxprof.typepad.com/taxprof_blog/2018/09/charlotte-law-school-agrees-to-pay-265m-to-settle-accreditation-lawsuit.html
Students acknowledged that the settlement fund will not come close to reimbursing each of the 2,500 potential class members the average of $44,000 each spent on single year of tuition.
But given that the for-profit law school closed in 2017 and the host of suits seeking tens of millions of dollars from it, the students said they had to strike a prompt deal before the school's insurance and assets dry up.
(http://www.autoadmit.com/thread.php?thread_id=4001071&forum_id=2#40409970)