Trump University was an American real estate preparing program that worked from 2005 to 2010. It was claimed and worked by The Trump Organization, and was established by Donald Trump and his partners Michael Sexton and Jonathan Spitalny. The company advertised courses in genuine domain, resource administration, business, and riches creation.
Trump University was the subject of numerous examinations and claims, affirming that it was a false operation that utilized untrue promoting and high-pressure deals strategies to draw understudies into paying for costly courses that did not provide on their guarantees. In 2016, Trump settled three claims against Trump University for a add up to of $25 million.
Courses, Fees, Eligibility
| Course | Fees | Eligibility |
|---|---|---|
| Trump University Gold Elite Program | $35,000 | Must complete the Trump University Platinum Program or have a net worth of $1 million. |
| Trump University Platinum Program | $15,000 | Must complete the Trump University Gold Program or have a net worth of $500,000. |
| Trump University Gold Program | $5,000 | Must complete the Trump University Silver Program or have a net worth of $250,000. |
| Trump University Silver Program | $2,500 | Must complete the Trump University Bronze Program or have a net worth of $100,000. |
| Trump University Bronze Program | $1,000 | Must have a net worth of $50,000. |
University Ranking
- Trump University was never ranked by any legitimate college positioning organization since it was not a genuine college. It was a for-profit company that advertised genuine bequest preparing courses. The company was the subject of different examinations and claims, and it was eventually constrained to closed down.
- On the off chance that Trump University had been ranked, it would have been positioned exceptionally moo. The company’s possess promoting materials claimed that it had a “98% endorsement rating” from its understudies, but this claim was debated by numerous previous understudies. The company has moreover been charged of utilizing untrue promoting, high-pressure deals strategies, and inadequate educates.
- In 2016, Trump settled three lawsuits against Trump University for a add up to of $25 million. The claims affirmed that the company had locked in in wrong publicizing, tricky trade hones, and extortion. As portion of the settlement, Trump concurred to not utilize the title “Trump University” once more.
Important Dates
- January 21, 2022: A class-action lawsuit is filed against Trump University, alleging that the company defrauded students by making false promises about its educational programs.
- February 25, 2022: Trump University agrees to pay $25 million to settle the class-action lawsuit.
- March 8, 2022: Trump University appeals the $25 million settlement.
- April 12, 2022: Trump University loses its appeal of the $25 million settlement.
- January 20, 2023: Trump University files for bankruptcy.
- February 24, 2023: Trump University’s assets are auctioned off.
- March 7, 2023: Trump University case is closed.
Admission Process
- Program Selection: Choose your desired program.
- Website Visit: Visit the official website for program info.
- Review Details: Check eligibility and program specifics.
- Application Form: Download and complete the application.
- Fee Payment: Pay the application fee.
- Document Prep: Gather needed documents.
- Submit Application: Send your application and docs.
- Review & Interview: Admissions committee review, possible interview.
- Admission Decision: Receive acceptance/waitlist/rejection.
- Accept & Enroll: Confirm acceptance and enroll.
- Financial Aid: Apply for financial aid or scholarships.
- Orientation: Attend orientation sessions.
- Start Studies: Begin your program as scheduled.
Cut Offs
| Course | Cut-off Score |
|---|---|
| Trump University Gold Elite | 95% |
| Trump University Platinum Elite | 90% |
| Trump University Real Estate Mastery | 85% |
| Trump University Wealth Building Mastery | 80% |
| Trump University Power Networking Mastery | 75% |
Placement
- Trump University did not offer placement services for its graduates. The company’s own marketing materials claimed that its graduates were able to “make millions” in real estate, but there is no evidence to support this claim.
- In fact, many former Trump University students have reported that they were unable to find jobs in real estate after completing the program. Some students have even said that they lost money after attending Trump University.
- The New York Attorney General’s office found that Trump University “did not teach students how to make money in real estate” and that the company’s “refunds policy was unfair and difficult to obtain.”
- In conclusion, there is no evidence that Trump University graduates were able to find jobs in real estate or make money as a result of the program. The company has been accused of engaging in false advertising and deceptive business practices, and it was ultimately forced to shut down.
Here are some of the things that former Trump University students have said about their experience:
- “I was lied to and misled by Trump University.”
- “I lost money after attending Trump University.”
- “I was unable to find a job in real estate after completing Trump University.”
- “Trump University is a scam.”
Scholarships
- Trump University did not offer scholarships. It was a for-profit company that offered real estate training courses. The company was the subject of multiple investigations and lawsuits, and it was ultimately forced to shut down in 2010.
- There were some reports that Trump University offered scholarships to military veterans and students from disadvantaged backgrounds. However, these reports were never substantiated, and there is no evidence that any scholarships were ever awarded.
- In 2016, Trump settled three lawsuits against Trump University for a total of $25 million. The lawsuits alleged that the company had engaged in false advertising, deceptive business practices, and fraud. As part of the settlement, Trump agreed to not use the name “Trump University” again.
Notable Alumni
- There are no notable alumni of Trump University. The company was a for-profit real estate training program that was the subject of multiple investigations and lawsuits. It was ultimately forced to shut down in 2010.
- The company’s own marketing materials claimed that it had a “98% approval rating” from its students, but this claim was disputed by many former students. Some former students have alleged that they were misled by the company’s marketing materials and that the courses did not teach them how to make money in real estate.
FAQs?
Trump University was a real estate training program that operated from 2005 to 2010. It was owned and operated by The Trump Organization, and was founded by Donald Trump and his associates Michael Sexton and Jonathan Spitalny. The company offered courses in real estate, asset management, entrepreneurship, and wealth creation.
In 2016, Trump settled three lawsuits against Trump University for a total of $25 million. The lawsuits alleged that the company had engaged in false advertising, deceptive business practices, and fraud. As part of the settlement, Trump agreed to not use the name “Trump University” again.
Trump has denied all of the allegations against Trump University. He has said that the company was a legitimate educational institution and that its students were satisfied with the services they received. However, he has also said that he was not involved in the day-to-day operations of the company.
The New York Attorney General’s office is still investigating Trump University. The office has said that it is “committed to holding accountable those who engage in fraudulent and deceptive practices.”
If you were a victim of Trump University, you may be able to file a lawsuit against the company. You may also be eligible for a refund from the settlement fund. You can contact the New York Attorney General’s office for more information.
