![]() Think twice about what type of education you want. The Pentagon banned the university from recruiting students on military bases for a few months. In 2015, the school found itself under scrutiny for collecting over $488 million in government money to cover tuition and fees for veterans - way more than any other school receiving student aid through the GI Bill. The University of Phoenix has faced previous scuffles with federal regulators. "The university continues to believe it has acted appropriately and has admitted no wrongdoing."Įven so, the school has agreed to cancel $141 in debts owed by students who were enticed by the ads, and pay back another $50 million in cash to former students, the FTC says. "The campaign occurred under prior ownership and concluded before the FTC’s inquiry began," the statement says. In a statement of its own, the University of Phoenix says it did nothing wrong. The settlement comes after a five-year investigation and represents “the largest settlement the has obtained in a case against a for-profit school," says Smith, in a news release issued on Dec. Protect your pet No admission of wrongdoing Plus, their optional wellness plan covers things like routine vet trips, grooming and training costs, if you want to give your pet the all-star treatment while you protect your bank account. Life with pets is unpredictable, but there are ways to prepare for the unexpected.Įmbrace Pet Insurance offers coverage for treatment of accidents, illnesses, prescriptions drugs, emergency care and more. The burden is expected to reach up to $2 trillion in the next few years. Student loan debt has reached epidemic proportions in the U.S., with students suffocating under $1.5 trillion in debt. Rising tuitions are a huge factor in the upsurge of student loan debt, and for-profit schools can be expensive - because they need to generate profits for their shareholders. But that was never an option, the FTC says. The average tuition at the University of Phoenix is nearly $16,000 per year, and for that type of investment a student would want to count on a good-paying job with one of the name-dropped companies after graduation. Some of the marketing materials specifically targeted veterans, active-duty service members and military spouses. ![]() The school claimed it was working with major companies not only to help students land jobs but also to develop curriculum. Enrollment dropped by over 70% from 2010 to 2016 because of increased competition, tighter government regulation and other factors. The university's allegedly deceptive ad campaign ran between 20 and overlapped with a significant decline in the number of students. ![]()
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