University of Phoenix

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Feds Looking Into the University of Phoenix

Online college under the microscope by the FTC

(Newser) - The University of Phoenix, which runs an online college popular among military veterans, is under federal investigation for possible deceptive or unfair business practices, its parent company the Apollo Education Group told shareholders yesterday. In an SEC filing, the company disclosed that it had received a "civil investigative demand"... More »

Grads of For-Profit Schools Have Debt Trouble

Many leave unable to pay

(Newser) - The DOE has released loan-repayment numbers for 8,000 American colleges and universities showing that graduates of for-profit schools face bigger debt loads than their counterparts at nonprofit and public schools; and they are less likely to repay their loans, reports CommonDreams.org . Read the full article . More »

Fake 'Obama Mom' Ads Dupe Students

They're similar to ploys used to hawk subprime loans

(Newser) - Pro Publica sheds light on a particularly scummy practice all the rage on the Internet designed to sucker low-income single mothers: So-called "Obama mom" ads are springing up all over promising mothers that the president wants them to return to school so badly he's created special federal loans... More »

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