FTC Sends Nearly $50 Million in Refunds to University of Phoenix Students

More than 147,000 refunds sent to students affected by the school’s deceptive ads The Federal Trade Commission is sending payments totaling nearly $50 million to more than 147,000 University of Phoenix (UOP) students who may have been lured by allegedly deceptive advertisements. The refunds stem from a lawsuit the FTC filed against UOP alleging that … Read more

University of Phoenix to Pay Record Fine for Deceptive Advertising

The University of Phoenix (UOP) and its parent company, Apollo Education Group, will settle for a record $191 million to resolve Federal Trade Commission charges that they used deceptive advertisements that falsely touted their relationships and job opportunities with companies such as AT&T, Yahoo!, Microsoft, Twitter, and The American Red Cross. Under the settlement unanimously … Read more

Who Can Help Me Get My University of Phoenix Student Loans Forgiven?

Question: Dear Steve, I was enrolled at the University of Phoenix’s master program for early childhood education. I was forced to withdraw due to my state’s DCFS daycare regulations preventing me from completing my course work, completing my degree, and working in my chosen field. I understand there was a failure to benefit clause in … Read more

I Went to University of Phoenix Without Graduating from High School

Question: Dear Steve, I went to University of Phoenix back in 2002. I started going to classes onsite in Dallas but then moved to online approach when I relocated to another state. I finished the Master of Arts in Organizational Management in 2004 but have not been able to use the degree..in fact took it … Read more

University of Phoenix Pushes Back Against FTC Investigative Demand

Court documents filed today certainly leave the impression University of Phoenix is dragging their feet in complying with a Federal Trade Commission investigation. In July of 2015 the FTC issued Civil investigative Demand requests to the University of Phoenix, requiring them to “produce material relevant to the Commission’s investigation, including information and documents relating to … Read more

University of Phoenix Shot Down by Department of Defense

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 … Read more

What Do I Do When I Can’t Afford My University of Phoenix Loans? – Eloise

“Dear Steve, I have private student loans with University of Phoenix. I was able to pay off one of the loans however due to my low income I have not been able to make any payments on the outstanding ones. I am several months behind and I do not see the situation getting any better. … Read more

Want to Pay a Lot for College But Never Graduate? Go to a For-Profit University.

In a recent report, Subprime Opportunity: The Unfulfilled Promise of For-Profit Colleges and Universities the University of Phoenix didn’t fare too well when it came to graduating students. According to the report, only 9% of student enrolled actually graduated within six years. University of Phoenix, DeVry University, The Art institute, Berkeley College, Sullivan University, Westwood … Read more

Know Your For-Profit College ABC’s : Assertive, Bold and Cheeky. How I Almost Became a For-Profit College Statistic

In one of Steve Rhode’s latest articles he reveals the recent report from the United States Government Accountability Office’s (GOA), “Undercover Testing Finds Colleges Encouraged Fraud and Engaged in Deceptive and Questionable Marketing Practices”. Because of the billions of dollars in federal grants and loans utilized by students attending for-profit colleges, you asked us to … Read more

Student Loan Debt: The Next Subprime Bubble to Burst?

I just finished watching the Frontline PBS show College, Inc. about for-profit education and the resulting student loan debt. It was estimated that students in for-profit colleges will graduate with double the amount of student loan debt as compared to a traditional university. The default rate was alarming as well. For-profit colleges account for 10% … Read more