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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 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 action applies to borrowers who enrolled in Phoenix between Sept. 21, 2012, and Dec. 31, 2014, and applied for a borrower defense loan discharge.
University of Phoenix. University of Phoenix [3] ( UoPX) is a private for-profit university headquartered in Phoenix, Arizona. [a] Founded in 1976, the university confers certificates and degrees at the certificate, associate, bachelor's, master's, and doctoral degree levels.
The University of Phoenix is a wholly owned subsidiary of the Apollo Education Group. The University of Phoenix is one of the largest higher education providers in North America. The university has approximately 40 campuses and confers degrees in over 100 degree programs at the associate, bachelor's, master's and doctoral levels.
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]
The University of Phoenix has a graduation rate of just 27%, roughly half the national average, ... It was the largest settlement a for-profit college had ever agreed to. The FTC alleged that ...
Public universities increased their fees by 27% over the five years ending in 2012, or 20% adjusted for inflation. Public university students paid an average of almost $8,400 annually for in-state tuition, while out-of-state students paid more than $19,000. For the two decades ending in 2013, college costs rose 1.6% more than inflation each year.