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The Biden administration is canceling nearly $37 million of federal student loan debt for more than 1,200 borrowers who attended the University of Phoenix because it found that the for-profit ...
“At the Project on Predatory Student Lending, we represent more than one million student borrowers who were defrauded by for-profit schools...” | Opinion
Seamon said the University of Phoenix was looking for a buyout, and legitimacy to boot. ... In 2019, the school had a lawsuit settlement over deceptive advertising that totaled $191 million.
The University of Phoenix was one of 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers in 2019, assisted by the Project on Predatory Student Lending, part of the Legal Services Center of Harvard Law School. [ 92 ]
A federal whistle blower lawsuit accusing the university of fraudulently obtaining hundreds of millions of dollars in financial aid was filed in 2003 and is currently pending— [1] [7] [8] the university receiving more federal student financial aid than any other university in the United States in 2004. [1]
The University of Phoenix is a wholly owned subsidiary of the Apollo Education Group. The University of Phoenix is one of the largest higher education providers in North America. [18] The university has approximately 40 campuses and confers degrees in over 100 degree programs at the associate, bachelor's, master's and doctoral levels. [19]
The federal government is discharging $37 million in student loans for over 1,200 former students who attended the University of Phoenix. The action applies to borrowers who enrolled in Phoenix ...
Zovio, formerly Bridgepoint Education, Inc. (BPI), was a publicly held, American for-profit education services company. It was the online program manager for one online university, the University of Arizona Global Campus (formerly Ashford University), until the contract termination was announced August 1, 2022.