University of Phoenix to cancel $141 million in student debt
U.S.
December 12, 20194 min read, 769 words

University of Phoenix to cancel $141 million in student debtUniversity of Phoenix to cancel $141 million in student debt

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Published: December 12, 2019  |  4 min read, 769 words
The University of Phoenix and its parent company have agreed to pay $50 million in cash and cancel $141 million in student debt to settle allegations of deceptive advertisement brought by the Federal Trade Commission. The deal, announced Tuesday, settles a dispute over an ad cam...
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Investigative2
critic reviews: 1
public reviews: 1
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CRITIC REVIEWS

Investigative
December 12, 2019
I've marked this, as investigative, although frankly speaking, their isn't much investigating present. This, which is considered, not by your humble critic, "original reporting" by some, could just as well have been a press release issued by the referenced government agency. In fact, the prospective reader could more than likely go that agency's website and read this verbatim et literatim. Nothing of particular relevance, value or usefulness aside from the piece representing another example of corporate misfeasance. Not a worthwhile read. But perhaps so for the affected parties. It does though bring to mind the inimitable Mark Twain. "It pleased me beyond measure when Yale made me a Master of Arts, because I didn't know anything about art; I had another convulsion of pleasure when Yale made me a Doctor of Literature, because I was not competent to doctor anybody's literature but my own, and couldn't even keep my own in a healthy condition without my wife's help. I rejoiced again when Missouri University made me a Doctor of Laws, because it was all clear profit, I not knowing anything about laws except how to evade them and not get caught. And now at Oxford I am to be made a Doctor of Letters--all clear profit, because what I don't know about letters would make me a mutli-millionaire if I could turn it into cash." - Samuel Langhorne Clemens
December 12, 2019
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PUBLIC REVIEWS

Investigative
December 12, 2019
A very good investigative look into the University of Phoenix's misleading advertising practices between 2012-2014, which falsely implied job opportunities after graduation at major U.S. corporations. Great work here from NBC and the Associated Press.
December 12, 2019
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