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The University of Phoenix is, objectively and factually, a terrible school. According to College Score Card , only 27% of students graduate, leaving nearly three-quarters of the class in default.
The federal government is discharging $37 million in student loans for over 1,200 former students who attended the University of Phoenix. The action applies to borrowers who enrolled in Phoenix ...
The University of Phoenix was one of 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers in 2019, assisted by the Project on Predatory Student Lending, part of the Legal Services Center of Harvard Law School. [92]
The University of Idaho will provide an annual guarantee of $10 million, should the entity set up to run the University of Phoenix be unable to service the $685 million in sub-investment-grade ...
Date apprehended. December 11, 2008. Bernard Lawrence Madoff ( / ˈmeɪdɔːf / MAY-dawf; [2] April 29, 1938 – April 14, 2021) was an American financial criminal and financier who was the admitted mastermind of the largest known Ponzi scheme in history, worth an estimated $65 billion. [3] [4] He was at one time chairman of the Nasdaq stock ...
Ripoff Report's publisher, Xcentric Ventures, LLC, unsuccessfully sued consumers and their attorneys for malicious prosecution in federal district court in Phoenix, Arizona in 2011. In August 2015, the United States 9th Circuit Court of Appeals published their order affirming the district court's order dismissing the case.
The Biden administration is canceling nearly $37 million of federal student loan debt for more than 1,200 borrowers who attended the University of Phoenix because it found that the for-profit ...
In 2022, South University separated from the Education Principle Foundation and, by extension, the Art Institutes. The Art Institutes faced accreditation and legal issues and student loan debtors have appealed to the US Department of Education for debt cancellation through defense to repayment claims. These efforts are premised on allegations ...