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Sep 20, 2023 · The U.S. Department of Education announced that it will approve federal student loan forgiveness for people who attended the University of Phoenix, were deceived by the school’s job placement claims, and submitted a valid application for borrower defense.
The agency sent payments to eligible University of Phoenix students in March 2021 and July 2023. To date, these payments have resulted in more than $47 million in refunds.
Mar 24, 2021 · In a 2019 lawsuit, the FTC alleged the University of Phoenix lured consumers in with ads that falsely touted – among other things – job opportunities for its students with national employers like AT&T, Yahoo!, Microsoft, Twitter, and the American Red Cross. To settle the case, the defendants agreed to pay $50 million in direct payments for ...
Mar 24, 2021 · The Federal Trade Commission is sending checks totaling nearly $50 million to 147,000 former students of the University of Phoenix, as part of a settlement over the school's use of deceptive ads.
- Aarthi Swaminathan
- 5 min
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Sep 20, 2023 · File your claim now. And if you got a refund from the FTC’s settlement, don’t worry: You’re still eligible for loan forgiveness through ED’s borrower defense program. Actually, be sure to mention it when you apply. Find out more at ftc.gov/UOP. Choosing a college is a very important decision.
Mar 25, 2021 · The FTC filed a lawsuit in December 2019 against the University of Phoenix, arguing that the online school created television and radio ads that hinted at partnerships with Microsoft, Adobe...
Sep 20, 2023 · 1,200 student-loan borrowers are getting $37 million in debt wiped out after being 'brazenly deceived' by the University of Phoenix, Biden's Education Department says....
