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Trump tweets Trump U deal helps him focus on US

Trump University Laws_Leak.jpg
FILE- In this May 23, 2005 file photo, then real estate mogul and Reality TV star Donald Trump, left, listens as Michael Sexton introduces him at a news conference in New York where he announced the establishment of Trump University. (AP Photo/Bebeto Matthews, File)

President-elect Donald Trump says he agreed to settle lawsuits over Trump University "for a small fraction of the potential award because as president I have to focus on our country."

Trump made the comment on Twitter Saturday. He also tweeted that "the ONLY bad thing about winning the presidency is that I did not have the time to go through a long but winning trial on Trump U."

It was announced Friday that Trump had agreed to a $25 million settlement to resolve three lawsuits over Trump University, his former school for real estate investors. The lawsuits alleged the school misled students and failed to deliver on its promises in programs that cost up to $35,000.

Trump has denied the allegations and has said repeatedly he would not settle.