About 700 students were enrolled at the law school as of last fall, and from the fall of 2010 to the spring of 2016, the school received $337.1 million in federal student loans for tuition and student living expenses, according to Law School Transparency, a nonprofit that tracks data about the nation’s law schools.
Enrollment plunged, however, after the American Bar Association’s accreditors placed the school on probation in November. A short time later, the federal Education Department cut off loans to current students because, it said, the school had made “substantial misrepresentations” to students about its compliance with accreditation standards.
“Students made decisions worth tens of thousands of dollars,” Mr. Stein, a Democrat, said, “and they deserved full information. We are looking into whether the school may have misrepresented any information.”
Depending on what the investigation yields, Mr. Stein said, the attorney general’s office could initiate legal action seeking financial relief for students and could also impose civil penalties.
The law school did not respond to a request for comment.