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Company: Educational Computer Systems Inc.
Penalty: $3,650,000
Year: 2024
Date: August 7, 2024
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Educational Computer Systems agreed to pay more than $3 million to settle litigation alleging it charged improper fees on hundreds of thousands of federally-backed student loans.
Level of Government: federal
Action Type: private litigation
Court: Western District of Pennsylvania
Civil or Criminal Case: civil
Case ID: 2:22-cv-01743
Case Name: Nguyen et al v. Educational Computer Systems, Inc.
Private Lawsuit Resolution Type: settlement
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