Black People : FEDERAL TRADE COMMISSION -{ $141_ MILLION from University Scam } Look Out There Are ( 100's ) of These Listed Scam's


Jul 2, 2003
Consumer _ SCAM _ Information - Read a Few Protect your Data

Jobs & Making Money

FTC settlement against University of Phoenix
December 10, 2019
Colleen Tressler
Consumer Education Specialist, FTC
Most people go to college to earn a degree and get a good job. In a competitive job market, it helps to have connections. So when a college or university claims it has relationships with well-known employers, that may convince you to attend. But beware: Claims like this may be a ploy to attract new students — and your tuition dollars. In fact, the FTC says that’s just what one for-profit university did as part of an extensive advertising campaign.
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Jobs & Making Money

Any idea what enrollment years we are talking about on the loan forgiveness?
FTC Staff | December 10, 2019
Under the settlement, the University of Phoenix will cancel $141 million in debts of people who first enrolled during the period starting October 1, 2012 and ending December 31, 2016, during the time people were probably exposed to the school's deceptive advertising. The University will cancel debts that people owe directly to the school. The debts will be forgiven whether they were charged as fees or some other kind of charge.
University of Phoenix will send a notice to each person whose debt to the school is being cancelled.

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