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FTC announces record $191M settlement against University of Phoenix
December 19, 2019
The University of Phoenix (UOP), one of the nation’s largest for-profit colleges will pay a record $191 million settlement to resolve charges stemming from a five-year investigation by the Federal Trade Commission (FTC). On December 10, Andrew Smith, Director of FTC’s Bureau of Consumer Protection noted it was the largest settlement the Commission has obtained in a case against a for-profit school. ... read more »
DeVos Hands For-Profit Colleges $11.1 Billion Over 10 Years
September 13, 2019
Most consumers would likely agree that consumers should get what they pay for. If a product or service fails to deliver its promises, refunds are in order.  ... read more »
Unexpected For-Profit College Closures Come Before Christmas
December 27, 2018
“…this year, just a week before Christmas, there are people who were dealing with the aftermath of something far colder than the weather: college closures with no advance notice and a promise of more information at a date yet to be determined.” ... read more »
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Trump Administration Forced to Forgive $150M in Student Loans
December 27, 2018
After a more than year-long delay, the U.S. Department of Education will cancel $150 million in debt owed by defrauded students, the agency announced Dec. 13. ... read more »
Betsy Devos’ $5 Billion Giveaway to For-Profit Colleges: Deregulation of Student Loans
August 23, 2018
Today’s increasingly competitive global economy requires and recruits those who are highly-skilled and knowledgeable. People understand and accept that higher education is a means to become employable, marketable, and competitive. ... read more »
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