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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 ...
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]
University of Phoenix leaders have said they expect the financial hit from student-loan costs to be about $1.5 million per year, according to a U of I FAQ page about the acquisition. U of I ...
argosy .edu. Argosy University was a Private university with campuses throughout the United States owned by Dream Center Education Holdings (DCEH), LLC and Education Management Corporation . On February 27, 2019, the U.S. Department of Education stated that they were cutting off federal funding to Argosy University. [2]
Everest College was a system of colleges in the United States, and with Wyotech, made up Zenith Education. It was until 2015 a system of for-profit colleges in the United States and the Canadian province of Ontario, owned and operated by Corinthian Colleges, Inc. In 2021, former Everest students were made eligible for automatic student loan ...
“If University of Phoenix were to face a (borrow defense claim) recoupment demand based on a large-scale loan forgiveness action similar to Ashford’s, the University of Phoenix is prepared to ...
The administration is forgiving $7.4 billion for borrowers in more than 40 states in the latest debt relief program, bringing the total amount of student loan cancellation over Biden’s ...