University Of Phoenix Reaches $191 Million Settlement With FTC If you are a Texas or California resident and were misled by University of Phoenixs representations about job prospects, and did not get a job in your field of study after graduation, you may be eligible to join a FREE University of Phoenix lawsuit investigation. Students were led to believe the school had ties to Microsoft, Twitter, Adobe, Yahoo!, American Red Cross, AT&T, Avis, MGM Resorts, and Newell Rubbermaid, among others. The school was taken private, purchased by Apollo in 2016 for roughly $1.1 billion. The universitys marketing campaign implied that classes were specifically designed, in coordination with the companies themselves, to prepare students to work at these companies. The refunds stem from a lawsuit the FTC filed against Phoenix alleging that it used deceptive advertisements that falsely touted its relationships and job opportunities with companies such as AT&T, Yahoo!, Microsoft, Twitter and the American Red Cross. FTC Sends Nearly $50 Million to U of Phoenix Students - Inside WebWashington,DC20580 Telephone: (202)326-3039(Widor) Facsimile:(202)326-3768 Email:twidor@ftc.gov Attorneysfor the Federal Trade Commission UNITED STATES DISTRICT COURT DISTRICT OF ARIZONA FEDERAL TRADE COMMISSION, Plaintiff, v. THE UNIVERSITY OF PHOENIX, INC.,an ArizonaCorporation;and APOLLO Further compensation may be available through civil court, as well. I was ripped off and stopped going. ", The University of Phoenix successfully targeted minorities, military veterans, service members and their spouses for enrollment, the FTC says, calling the University of Phoenix "the largest recipient of Post-9/11 GI Bill benefits since the program's inception. Actions does not process claims and we cannot advise you on the Consulting an attorney can help you determine if you have a claim, navigate the complexities of litigation, and maximize your potential compensation. If you are a Texas or California resident who graduated from the University of Phoenix and did not get a job in your chosen field after graduating, you may be eligible to join a University of Phoenix lawsuit investigation for free. Subscribe for free to Inside Higher Eds newsletters, featuring the latest news, opinion and great new careers in higher education delivered to your inbox. The average payment is $337. The FTC is sending a total of almost $50 million to nearly 147,500 students of the University of Phoenix. If you would like to get email updates about this settlement, please sign up here. The Federal Trade Commission is sending payments totaling nearly $50million to more than 147,000 University of Phoenix students who may have been lured by allegedly deceptive advertisements. I am a veteran I nearly used all my Va benefits paying for it. In the settlement, University of Phoenix then-parent company Apollo Education Group agreed to use $141 million in forgiving student loans. The remaining $50 million went directly to the FTC, and the commission is now passing that money to students. Students who get their refund via PayPal have 30 days to accept the money, the FTC said. The FTC never requires you to pay fees or asks you for sensitive information, like your Social Security number or bank account information. A Phoenix spokeswoman said, The FTC made allegations concerning a campaign that ended in 2014 that were not tested through litigation, and do not constitute factual findings by either the FTC or any court. I also attended and graduated from them as was told the same thing but never got a job or even assistance as they advertised getting one.
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