Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: FRIDAY, April 12, 1991 TAG: 9104120511 SECTION: VIRGINIA PAGE: B4 EDITION: BEDFORD/FRANKLIN SOURCE: DATELINE: LYNCHBURG LENGTH: Short
The ruling holds the college liable for $2 million in penalties and makes Liberty responsible for buying from lenders $4 million worth of outstanding Guaranteed Student Loans, the spokeswoman said.
Liberty was sent a certified letter Monday telling officials that the School of LifeLong Learning, in which students study at home via videotape, is not an external-degree program as Liberty has maintained, but a correspondence school.
Students in correspondence schools are not eligible for the same level of financial aid as those in external-degree programs. - Associated Press
by CNB