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University of Phoenix Shot Down by Department of Defense

Written by Steve Rhode

The Department of Defense is telling the University of Phoenix they suck and get the hell off our bases.

According to the Wall Street Journal the University of Phoenix will no longer be eligible for DoD tuition assistance as well.

“Sen. Durbin said that he will be calling on the Department of Education and the Department of Veterans Affairs to review the Defense Department’s findings to possibly bar Phoenix from enrolling students who are using GI Bill benefits.

“This is great and long overdue news for veterans and active-duty troops world-wide,” said Paul Rieckhoff, CEO of Iraq and Afghanistan Veterans of America, a veterans’ advocacy group, who said Phoenix is often cited as a problem school by members.”

According to the University has a horrible graduation rate while the salary of those who do attend is higher than average. This could be attributed to the fact a number of students might be adults who are already employed or later in their careers.

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The government data shows that of students who attended online classes, 80% did not graduate and only 35% returned after their first year.

Students had an average annual cost of $14,411. Of those who received federal funds, 59% are not paying down their student loans. The typical monthly federal student loan payment is $394.

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About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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