Proposed settlement in lawsuits would create fund for students

Stefanie Botelho's picture

A proposed settlement in hundreds of lawsuits filed by former Mountain State University students would create a fund of more than $8.5 million for those students.

Mountain State University would also liquidate its assets, and money owed to the now-defunct school by the U.S. Department of Education would go toward the fund. A judge would still have to approve any settlement agreement.

The proposed settlement was announced Wednesday at the University of Charleston, which took over operations at Mountain State campuses in Beckley and Martinsburg after the Beckley-based school folded.

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