In the latest round of scrutiny of higher education job placement data, the New York Attorney General has settled allegations that a national for-profit company misrepresented the job placement rates of graduates from its colleges and universities. The Attorney General alleged that those schools improperly boosted placement rates by counting single-day employment, as well as employment wholly unrelated to students’ training and education. The settlement imposes $10.25 million in restitution and penalties, dictates a specified methodology for future calculations of job placement rates, and requires the retention of an independent auditor to verify those calculations. The settlement illustrates the government’s continuing focus on the accuracy of job placement rates.
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