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Wednesday, may 29
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NJ For-Profit School Deceived Students, Forced To Pay $4.6 Million: State AG
A for-profit school in Middlesex County is being forced to pay a $4.6 million after the state said it deceived students and offered unlawful loans. Sollers Inc. which is based in Piscataway, used false and misleading job advertisements to funnel students into its programs and falsely claimed that agreements requiring students to pledge a portion of their future income in exchange for money upfront for their programs was not a loan, Attorney General Matthew Platkin said. Sollers also reached a settlement with the Federal Trade Commission. As part of the settlement, Sollers will cancel …