There is a lot of money going in and out of any business. So huge is the amount that companies will need people who focus their attention on it. Not one, but a whole department even two, whose works revolved around money. But when it comes to issues that already involves some legal proceedings, additional experts may have to be contacted.
For companies and institutions, undergoing a formal trial is not good. It does not only take time and money. It can also mean bad publicity especially if the issue filed is against them. This is where agremeent prior to a formal trial like the Ashford settlement happens. Instead of bringing the school to the spotlight of the criticisms filed against it, the administration deemed it better to pay the amount agreed.
Of course, the price of the settlement can vary. In this case, the school had to pay an amount of 7.25 million dollar settlement. It is no small thing. And paying it can mean serious financial concern especially for smaller companies.
The major issue behind this case is the alleged misleading recruitment process done by the school to those who are interested to get online classes. The students are led to believe that what they are paying for will allow them to get the necessary licenses and accreditation that will enable them to teach on different schools. It did not.
Sooner than later did they find out that this is hardly the case. Licenses are not immediately given. Additional courses and tests will have to be performed first. Of course, this meant more expenses on the part of those who expected their student years to be over. One of the striking complaints is the fact that the school was never specific on this matter. There was not any mention of any additional tests and the like.
It all started as a minor case of misunderstanding. But as more students file complaints of thier dissatisfaction and feeling that the school somehow lied to them, the case grew stronger. Soon, Ashford had to address it formally. Otherwise, a formal trial will have to be conducted, which means series of investigations.
The school responded in a way that focused on the central message that their institution has been fostering for years. Meaning, student commitment. They say that it will continue to do just that. The settlement was never meant to agree or admit to any complaints filed but rather to settle the case at peace in order to prevent more negative publicity for the school.
The money that is paid by the institution will go to the students who have enrolled on the online class. If you are Iowans who has been on the program, you might be able to get a refund. Even if you have not filed a complaint, if you are eligible, a point person will be contacting you for the details.
There might still be ongoing issues about the settlement. But given the arrangements that has been made, the case is expected to be totally resolved soon. If you are among the possible recipients for the refund, take to know if there are some necessary documents that you need to submit in order to avai of it.
For companies and institutions, undergoing a formal trial is not good. It does not only take time and money. It can also mean bad publicity especially if the issue filed is against them. This is where agremeent prior to a formal trial like the Ashford settlement happens. Instead of bringing the school to the spotlight of the criticisms filed against it, the administration deemed it better to pay the amount agreed.
Of course, the price of the settlement can vary. In this case, the school had to pay an amount of 7.25 million dollar settlement. It is no small thing. And paying it can mean serious financial concern especially for smaller companies.
The major issue behind this case is the alleged misleading recruitment process done by the school to those who are interested to get online classes. The students are led to believe that what they are paying for will allow them to get the necessary licenses and accreditation that will enable them to teach on different schools. It did not.
Sooner than later did they find out that this is hardly the case. Licenses are not immediately given. Additional courses and tests will have to be performed first. Of course, this meant more expenses on the part of those who expected their student years to be over. One of the striking complaints is the fact that the school was never specific on this matter. There was not any mention of any additional tests and the like.
It all started as a minor case of misunderstanding. But as more students file complaints of thier dissatisfaction and feeling that the school somehow lied to them, the case grew stronger. Soon, Ashford had to address it formally. Otherwise, a formal trial will have to be conducted, which means series of investigations.
The school responded in a way that focused on the central message that their institution has been fostering for years. Meaning, student commitment. They say that it will continue to do just that. The settlement was never meant to agree or admit to any complaints filed but rather to settle the case at peace in order to prevent more negative publicity for the school.
The money that is paid by the institution will go to the students who have enrolled on the online class. If you are Iowans who has been on the program, you might be able to get a refund. Even if you have not filed a complaint, if you are eligible, a point person will be contacting you for the details.
There might still be ongoing issues about the settlement. But given the arrangements that has been made, the case is expected to be totally resolved soon. If you are among the possible recipients for the refund, take to know if there are some necessary documents that you need to submit in order to avai of it.
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