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Donald Trump Settles Trump University Lawsuit For $25 Million — After Swearing He'd Never Settle 'Out Of Principle'!

| Filed under: PolitikDonald TrumpBusiness BlitzEducationalViral: NewsControversy

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Even after Donald Trump has been named our President-elect, the scandalous stories continue to keep coming. The downside of public office…

But now it appears Trump is trying to sweep them under the rug as fast as possible — even if that means pulling a 180.

Related: George Takei SLAMS Donald Trump's 'Dangerous Talk' Of A Muslim Registry

You've probably heard all about how even employees of Trump University have described it as a scheme designed to scam thousands of students out of their money, leading to TWO separate class action lawsuits in New York and California.

Now, after years of ducking and denying and throwing legal spin moves, Donald has just settled for $25 million!

Attorney General Eric Schneiderman released a statement regarding the legal decision, saying:

"In 2013, my office sued Donald Trump for swindling thousands of innocent Americans out of ​millions of dollars through a scheme known at Trump University. Donald Trump fought us every step of the way, filing baseless charges and fruitless appeal​s​ and refusing to settle for even modest amounts of compensation for the victims of his phony university. Today, that all changes. Today's $25 million settlement agreement is a stunning reversal by Donald Trump and a major victory for the over 6,000 victims of his fraudulent university."

About f*cking time!

By settling, the President-elect saves himself having to testify in a trial that would have started at the end of November.

Related: Donald Trump Supporter Brutally Gay Bashes 75-YEAR-OLD Man

Schneiderman's statement continued:

"I am pleased that under the terms of this settlement, every victim will receive restitution and that Donald Trump will pay up to $1 million in penalties to the State of New York for violating state education laws. The victims of Trump University have waited years for today's result and I am pleased that their patience—and persistence—will be rewarded by this $25 million settlement."

That's right.

While Trump doesn't technically have to admit any wrongdoing under the settlement agreement, he does have to pay a fine of $1 million for violating NY state education laws. So, kiiiiinda admitting wrongdoing there.

What makes this EVEN BETTER though is back in February, the carrot colored clown was on MSNBC and commented on the Trump University lawsuit saying:

"Do you know that almost everybody in the lawsuit has signed a letter saying how great the school was? That's why I won't settle because it's an easy case to win in court."

Oh yeah, and this tweet:


HA!

While it's absolutely disgusting that the future President of the United States got to scam thousands of people, and then just throw money at the problem to make it go away, we're still happy to see The Donald forced to eat crow.

What are your thoughts on the settlement?

[Image via CBS.]

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