University of Phoenix to pay $191 million to settle ’deceptive ad’ probe

University of Phoenix to pay $191 million to settle ’deceptive ad’ probe

The University of Phoenix has agreed to pay $191m to settle charges that it falsely advertised close ties with major U.S. companies that could lead to jobs for students. The settlement includes a plan to cancel $141m in student debts. The University had attracted the attention of U.S. regulators because of accusations that they were not honest about metrics to judge student success.

Chris
Chris
Avi Khait
Avi Khait 4 months

That equals to amount of what, 5 student loans?

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