Florida Metropolitan University, has morphed into Everest University and "settled" the Florida AG's inquiry into their transfer of credit wrongdoing. The settlement is humorously redundant and rather hilarious as they basically are going to agree to do what they were already doing, which was "assisting" their students in transferring credits which they knew were not transferable and are still not transferable. This is tantamount to Kevin Trudeau settling an action with the FTC by assisting persons who bought a phony cancer cure, with having the cancer cure work. Coral calcium doesn't cure cancer and the credits that FMU assured its students would transfer to regionally accredited schools are not going to suddenly be transferable simply because most FMU is going to "assist" the students in transferring them. If the portion of the settlement wherein the FMU/Everest will be forced to "better disclose" the fact that the credits do not transfer or i.e., stop lying about them transferring, then it will be beneficial.
Nationally accredited schools complain about the fact that regionals will not take their credits. Whether or not this rejection is fair or not is not the issue, they know that their is a transfer of credit problem, yet do not disclose it to their prospective students and then point to the plight of the students who predictably cannot transfer the credits. So they use the students as unwilling food solders and designated victims in their fight with the regionals. This is illustrated very well by this statement in the article:
"FMU representatives have long maintained that the school has been up-front with prospective students. They also say the problem lies with the transfer schools, for wrongly rejecting credible FMU credits."
The absurd contradictions in that statement would torch any brain cell trying to deal with it. So don't try, you will only hurt yourself. If FMU had been upfront with the students about known credit transfer issues, why would those students be surprised that their credits would not transfer? FMU is like a car dealership that sells you a car that they warrant is perfect when you know it isn't and then getting angry at the unaffiliated service station that will not fix it for free. What's worse still, the cars can never be fixed!