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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 ...
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. It is institutionally accredited by the Higher Learning Commission [4 ...
The University of Phoenix has previously been hit with a $67.5 million Department of Justice settlement in 2009 and a $ ... was able to evade transparency laws and filed for bankruptcy in 2022. ...
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. [18] The university has approximately 40 campuses and confers degrees in over 100 degree programs at the associate, bachelor's, master's and doctoral levels. [19]
[22] [21] [23] More than 80,000 students were impacted by this settlement. [22] Each qualifying former student and each of the credit reporting agencies were to be notified of the settlement, and the settlement will be paid through 2022. [24] In 2016, eleven former Brown Mackie nursing students in Tucson, Arizona, sued the school for consumer ...
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
The university formed the not-for-profit to purchase the University of Phoenix and all of its assets in a $550 million deal that came to light on May 17. The name change is up for approval by the ...