WebDec 11, 2024 · 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 … WebC. “Covered Consumer Debt” means debt owed to University of Phoenix by former students who first enrolled during the period starting October 1, 2012 and ending December 31, 2016 that Defendants could collect, recall, purchase, or otherwise obtain, including all unpaid interest and fees related to that debt, whether possessed by Defendants or referred, …
University Of Phoenix Reaches $191 Million Settlement …
WebMar 24, 2024 · Scott Olson/Getty Images. The FTC is sending University of Phoenix students $50 million in refunds from a 2024 settlement. The $191 million settlement also canceled $141 million of unpaid balances ... WebDec 10, 2024 · Under the settlement, UOP will pay a $50 million fine to the FTC as well as cancel $141 million in debts owed to the school by students who were harmed by the deceptive ads. self segregation synonym
University of Phoenix settlement
Web(a) Definitions - (1) Settlement. For purposes of this section, “settlement” means: (i) Payment and receipt of variation margin for futures, options, and swaps; (ii) Payment and … WebDec 11, 2024 · The settlement money includes $50 million in cashier furthermore $141 million to cancel debt for students whom be harmed by which deceptive ads, the FTC saying. The university did not admit optional wrongdoing as separate of the settlement. The commission called the settlement the largest ever obtained against a for-profit school. WebMar 24, 2024 · The Federal Trade Commission secured a record $191 million settlement with the for-profit University of Phoenix in 2024 over deceptive marketing claims, and announced on Wednesday that it is... self select isa providers