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BOSTON (AP) — U.S. Sens. Elizabeth Warren, Richard Blumenthal and Dick Durbin are faulting a recent settlement between the federal government and the for-profit college company Education Management Corporation over illegal recruiting tactics.
Warren, a Massachusetts Democrat, criticized what she said is the settlement's lack of accountability for company executives and inadequate relief for students.
The three said in a letter to the federal Department of Education and Department of Justice that they're "profoundly dissatisfied." They said the government recovered a fraction of stolen taxpayer funds and held no individuals accountable while failing to obtain an admission of wrongdoing.
They also said the deal may not provide relief to thousands of students who owe billions in loans after being illegally recruited.
The letter was also signed by Blumenthal, a Connecticut Democrat, and Durbin, a Democrat from Illinois.
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