WebDec 10, 2024 · Under the settlement, UOP will pay a $50 million fine to the FTC as well as cancel $141 million in debts owed to the school by students who were harmed by the deceptive ads. WebC. “Covered Consumer Debt” means debt owed to University of Phoenix by former students who first enrolled during the period starting October 1, 2012 and ending December 31, 2016 that Defendants could collect, recall, purchase, or otherwise obtain, including all unpaid interest and fees related to that debt, whether possessed by Defendants or referred, …
University of Phoenix to Pay Record Fine for Deceptive Advertising
WebMar 25, 2024 · For the $50 million, the FTC is mailing 146,804 checks and issuing 677 PayPal payments to students who: enrolled at UOP between Oct. 15, 2012 and Dec. 31, 2016; paid more than $5,000 with cash, grants, federal and private student loans, or military benefits; did not get debt cancellation as part of the settlement; and did not opt out of … WebMar 24, 2024 · The settlement order requires UOP to pay $50 million in cash, as well as cancel $141 million in debts owed to the school by students harmed by the … reformat a hard drive windows 7
University of Phoenix Students May File Deceptive …
WebMar 25, 2024 · March 25, 2024, 4:19 PM PDT By Elisha Fieldstadt Nearly $50 million is being sent to former University of Phoenix students following a settlement over accusations the school engaged in deceptive... WebMar 24, 2024 · The FTC is sending University of Phoenix students $50 million in refunds from a 2024 settlement. The $191 million settlement also canceled $141 million of … WebMar 24, 2024 · March 24, 2024. The FTC is sending a total of almost $50 million to nearly 147,500 students of the University of Phoenix. The money comes from the University’s … reformat a bitlocker drive