(Reuters) - Cuomo filed notice on April 19 that he would sue Pennsylvania-based Drexel, which received payments from Education Finance Partners for loan referrals. As part of its settlement, Drexel agreed to refund student borrowers about $250,000 it received or accrued in "revenue sharing" fees.
Drexel also had an agreement with EdAmerica Inc., which operated a call center for the university's financial aid office, Cuomo's office said. Cuomo said students who contacted the call center were unaware they were speaking to the employees of a private loan company.
Read more at Reuters.com Government Filings News
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