About 2,700 Illinois students of for-profit schools will receive about $3 million in debt relief under a national settlement with a Pittsburgh company running trade schools and colleges.
The settlement resolves a consumer fraud investigation by several attorneys general and separate whistleblower lawsuits.
Illinois Attorney General Lisa Madigan says Education Management Corporation used "deceptive" recruitment and enrollment practices.
The agreement says loans offered through school programs won't be collected. It applies to certain students who left school between 2006 and 2014. Students will be contacted. Madigan's office says there also will be a phone number.
The corporation operates five Illinois colleges with Argosy University and Illinois Institute of Art campuses in the Chicago area.
Under the agreement, EDMC must also make reforms that'll be independently monitored.
