FTC sends refunds to students via the University of Phoenix comparison
WASHINGTON (WWLP) – The Federal Trade Commission (FTC) will send nearly $ 50 million in payments to former University of Phoenix students as part of a settlement.
The FTC accused the school of using fraudulent advertising to recruit students, suggesting the school had ties to national companies such as AT&T, Yahoo! and maintains Microsoft and job opportunities at these companies.
The average payment is $ 337. Students who have not yet canceled their debts from the University of Phoenix as part of the settlement can expect payment.
Some students can expect a check in the mail while others receive payment through PayPal. Learn more about payments at the University of Phoenix and the FTC refund program.
These students also meet these requirements:
- You enrolled in an associate, bachelor’s or master’s degree at the University of Phoenix for the first time between October 15, 2012 and December 31, 2016;
- You paid more than $ 5,000 to the university (in cash, student loans, military benefits, or a combination);
- They did not object when the University of Phoenix sent them a note asking if they could share their information with the FTC.
The University of Phoenix spokesman told 22News the following statement:
“The FTC made allegations about a campaign that ended in 2014 that have not been examined by litigation and do not constitute factual findings by the FTC or any court of law. The university has not admitted any wrongdoing and continues to believe that it acted appropriately. This settlement agreement has enabled us to continue to focus on our core business of improving the lives of our students through professional higher education and avoiding any further distraction from looking after the students that might have resulted from protracted litigation. ”