![]() The Education Department said it will begin notifying borrowers in early October that their borrower defense claims have been approved. While the University is not against relief for borrowers who have valid claims, we intend to vigorously challenge each frivolous allegation and suspicious claim through every available legal avenue." of Ed refuting inaccurate, baseless, or incomplete claims. With regards to the borrower defense announcement, a university spokesperson told Insider that "the University of Phoenix takes student borrower complaints very seriously and has provided significant evidence to the Dept. This settlement agreement has enabled us to continue our focus on our core mission of improving the lives of our students through career-relevant higher education, and to avoid any further distraction from serving students that could have resulted from protracted litigation." The university denied any wrongdoing, telling Insider when the FTC began issuing refunds that "the University has admitted no wrongdoing and continues to believe it has acted appropriately. In 2021, the FTC began sending refunds to students "who may have been lured by allegedly deceptive advertisements," the FTC said at the time. The department joined the FTC in investigating the University of Phoenix which ultimately led to a $191 million settlement with the school in 2019. "In fact, Phoenix's corporate partnerships provided no such benefits to students," the department said in its press release. "Students who trusted the school and wanted to better their lives through education ended up with mounds of debt and useless degrees."Īccording to the Education Department, the university led an ad campaign that misrepresented its relationship with companies that it said would give preference to hiring Phoenix students. "The University of Phoenix brazenly deceived prospective students with false ads to get them to enroll," Federal Student Aid Chief Operating Officer Richard Cordray said in a statement. Phoenix students who were enrolled between September 21, 2012, and December 31, 2014, and submitted claims, are included in this batch. ![]() If approved, their loans would be discharged. These discharges are through the borrower defense to repayment, which are claims a borrower can file if they believe they were defrauded by the school they attended. On Wednesday, President Joe Biden's Education Department and Federal Trade Commission announced that 1,200 borrowers who attended University of Phoenix will be getting $37 million in debt relief. It often indicates a user profile.Īnother batch of student-loan forgiveness is headed for thousands of borrowers. ![]() Account icon An icon in the shape of a person's head and shoulders. ![]()
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