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Donald Trump settles Trump University lawsuits

Politics

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NEW YORK (CNNMoney) — Donald Trump has agreed to pay $25 million to settle three lawsuits against Trump University.

The deal will keep the president-elect from having to testify in a trial in San Diego that was set to begin November 28.

The settlement ends a suit brought by New York Attorney General Eric Schneiderman, as well as two class action suits in California. About 6,000 former students are covered by the settlement.

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