The FTC is sending payments totaling nearly $50 million to more than 147,000 University of Phoenix (UOP) students who may have been lured by allegedly deceptive advertisements. The refunds stem from a lawsuit the FTC filed against UOP alleging that it used deceptive advertisements that falsely touted its relationships and job opportunities with companies such as AT&T, Yahoo!, Microsoft, Twitter, and the American Red Cross. Youll take just one 5 or 6 week course at a time while earning your bachelors or masters degree giving yourself a chance to build on the knowledge you gain from each class. It is your choice whether to submit a comment. The money comes from the University’s 2019 settlement with the FTC, when the FTC charged the school with using deceptive ads to … FTC Sends Nearly $50 Million in Refunds to University of Phoenix Students | Federal Trade Commission The FTC says that University of Phoenix used a multi-media ad campaign to attract students, including ads specifically targeted to military and Hispanic consumers. The Federal Trade Commission is sending payments totaling nearly $50 million to more than 147,000 University of Phoenix (UOP) students who may have been lured by allegedly deceptive advertisements. We may routinely use these records as described in the FTC’s Privacy Act system notices. Even if you weren’t a University of Phoenix student, Office of Equal Employment Opportunity and Workplace Inclusion, Reporting Fraud, Waste, Abuse or Mismanagement, What You Need to Know About the Office of the Inspector General, Companies and People Banned From Debt Relief, Statute, Rules and Formal Interpretations, Post-Consummation Filings (HSR Violations), Retrospective Review of FTC Rules and Guides, Other Applications, Petitions, and Requests, Magnuson-Moss Warranty Public Audit Filings, International Technical Assistance Program, Competition & Consumer Protection Authorities Worldwide, Hearings on Competition & Consumer Protection, List a Number on the National Do Not Call Registry, Franchises, Business Opportunities, and Investments, $50 million in refund checks for University of Phoenix students. didn’t opt out of the University of Phoenix providing the student’s contact information to the FTC. first enrolled in a masters, bachelors, or associates degree program at UOP between October 15, 2012 and December 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 this settlement; and. the Federal Trade Commission and the University of Phoenix have reportedly reached a $191 million settlement in regard to deceptive ads, according … The FTC started its investigation of University of Phoenix in 2015. (This FAQ has more information about the PayPal payment process.). If recipients have questions about the refunds, they should contact the FTC’s refund administrator, Rust Consulting Inc., at 1-877-310-0487. Division of Consumer & Business Education The FTC is sending a total of almost $50 million to nearly 147,500 students of the University of Phoenix. first enrolled in a masters, bachelors, or associates degree program between October 15, 2012, and December 31, 2016; paid more than $5,000 with cash, grants, federal and private student loans, or military benefits; didn’t get debt cancellation as part of this settlement; and. did not opt out of UOP providing the student’s contact information to the FTC. The FTC is mailing 146,804 checks and issuing 677 PayPal payments to students who: People who get a refund via PayPal will have 30 days to accept the payment. The Federal Trade Commission (FTC) is sending checks totaling nearly $50 million to 147,000 former students of the University of Phoenix as part of … The enrollment at the university was high in 2010, but the numbers declined after the lawsuit. For more information on how the FTC handles information that we collect, please read our privacy policy. For-profit online school University of Phoenix agreed to a $50 million settlement with the Federal Trade Commission after being accused of luring … The Federal Trade Commission works to promote competition and to protect and educate consumers. Other debts, such as federal and private student loans or military benefits, are not affected by this settlement. The University of Phoenix is founded in 1976, headquartered in Arizona, the United States of America. For questions about refunds, call the FTC’s refund administrator, Rust Consulting, at 1-877-310-0487. The Federal Trade Commission (FTC) will be sending nearly $50-million in payments to former students of the University of Phoenix as part of a settlement. The FTC also alleged that UOP’s advertising gave the false impression that the online school worked with those companies to create job opportunities for its students and tailor its curriculum for such jobs. You can learn more about consumer topics and report scams, fraud, and bad business practices online at ReportFraud.ftc.gov. The FTC is sending University of Phoenix students $50 million in refunds from a 2019 settlement. To settle the case, the defendants agreed to pay $50 million in direct payments for some students and an additional $141 million in canceled balances that eligible students owed directly to the school. Even if you weren’t a University of Phoenix student, someone in your company may have been. Under the settlement unanimously approved by the … Under the $191 million settlement, University of Phoenix and Apollo Education Group will pay back $50 million in cash to former students, cancel $141 million in debts owed directly to the school, and will change its conduct in the future. In a 2019 lawsuit, the FTC alleged the University of Phoenix lured consumers in with ads that falsely touted – among other things – job opportunities for its students with national employers like AT&T, Yahoo!, Microsoft, Twitter, and the American Red Cross. The FTC will send more than $50 million to University of Phoenix students, it said Wednesday. You may even be able to save time and money by transferring credits earned at other California colleges and universities across the country or get you… The FTC’s interactive dashboards for refund data provide a state-by-state breakdown of FTC refunds. If you have questions about debt canceled by the school, contact UOP at UOPXFinance@phoenix.edu or 1-800-333-5305. For more details about the PayPal payment process, please read the related FAQ. The FTC never requires people to pay money or provide account information to get a refund payment or to cash a refund check. Office of Equal Employment Opportunity and Workplace Inclusion, Reporting Fraud, Waste, Abuse or Mismanagement, What You Need to Know About the Office of the Inspector General, Companies and People Banned From Debt Relief, Statute, Rules and Formal Interpretations, Post-Consummation Filings (HSR Violations), Retrospective Review of FTC Rules and Guides, Other Applications, Petitions, and Requests, Magnuson-Moss Warranty Public Audit Filings, International Technical Assistance Program, Competition & Consumer Protection Authorities Worldwide, Hearings on Competition & Consumer Protection, List a Number on the National Do Not Call Registry, FTC Obtains Record $191 Million Settlement from University of Phoenix to Resolve FTC Charges It Used Deceptive Advertising to Attract Prospective Students, University of Phoenix Settlement Payments, University of Phoenix students get payments, $50 million in refund checks for University of Phoenix students, FTC Sends Nearly $50 Million in Refunds to University of Phoenix Students. The $191 million settlement also canceled $141 million of … Certain University of Phoenix students are getting checks and PayPal deposits from the U.S. government following a lawsuit alleging deceptive ad practices. The Federal Trade Commission is sending payments totaling nearly $50 million to more than 147,000 University of Phoenix students who may have been lured by allegedly deceptive advertisements. The checks stem from a lawsuit that accused the for-profit college of … “The check’s in the mail.” You’ve heard it before, but this time it’s true if you are one of the 147,000 University of Phoenix students who will be receiving payments totaling more than $50 million as a result of the FTC’s law enforcement action against the online school. Some University of Phoenix students will receive money as part of a 2019 settlement over deceptive advertising. Like the FTC on Facebook, follow us on Twitter, get consumer alerts, read our blogs, and subscribe to press releases for the latest FTC news and resources. In 2020, FTC actions led to $483 million in refunds to consumers across the country. According to the FTC's complaint, the University of Phoenix created the 2012 ad campaign to distinguish itself from competitors as the chain's enrollment was falling. The Federal Trade Commission Act authorizes this information collection for purposes of managing online comments. Who is getting the 146,804 checks and 677 PayPal payments the FTC is sending out? The university noted that the settlement involved "a single advertisement campaign that ran from late 2012 to … The University of Phoenix (UOP) and its parent company, Apollo Education Group, will settle for a record $191 million to resolve Federal Trade Commission charges that they used deceptive advertisements that falsely touted their relationships and job opportunities with companies such as AT&T, Yahoo!, Microsoft, Twitter, and The American Red Cross. By the way, the FTC, If you have questions about debt canceled by the school, email the University of Phoenix at. 3327hd_ludman compaction.pdf - Free download as PDF File (.pdf), Text File (.txt) or read online for free. According to the FTC, UOP’s advertising gave the false impression that UOP worked with companies, including AT&T, Yahoo!, Microsoft, Twitter, and the American Red Cross, to create job opportunities for its students and tailor … The new FTC payments are part of a record $191 million settlement with the University of Phoenix from late 2019 over claims of deceptive marketing. Get the tools youll need to succeed when you balance your work with your outside obligations. (Other debts – for example, federal and private student loans or military benefits – aren’t affected by the settlement.). University Of Phoenix Students Getting Nearly $50M In FTC Refunds The Federal Trade Commission is sending out nearly $50M in refunds to more than 147,000 University of … People who get a refund via PayPal will have 30 days to accept the payment. Take your classes online if you prefer flexibility over a traditional classroom setting. University of Phoenix students to get nearly $50 million in false ad settlement The FTC accused the school of running ads falsely claiming the school … In a 2019 lawsuit, the FTC alleged the University of Phoenix lured consumers in with ads that falsely touted – among other things – job opportunities for its students with national employers like AT&T, Yahoo!, Microsoft, Twitter, and the American Red Cross. If you do, you must create a user name, or we will not post your comment. “The check’s in the mail.” You’ve heard it before, but this time it’s true if you are one of the 147,000 University of Phoenix students who will be receiving. The refunds stem from a lawsuit the FTC filed against Phoenix alleging that it used deceptive advertisements that falsely touted its relationships and job opportunities with companies UOP The Federal Trade Commission (FTC) is sending almost $50 million in settlement payments to University of Phoenix students for advertisements that … According to the FTC, the University of Phoenix used deceptive ads to attract students, ads that gave the false impression the for-profit online university … What We Know: The $191 million settlement between the FTC and the University of Phoenix (UOP) was reached in 2019. The Federal Trade Commission is sending payments totaling nearly $50 million to more than 147,000 University of Phoenix (UOP) students who may have been lured by allegedly deceptive advertisements. The monetary judgment is the highest in an FTC case involving a for-profit school. The U.S. Federal Trade Commission and the University of Phoenix have agreed to a multimillion-dollar settlement relating to a long-running investigation by the FTC into whether the university engaged in deceptive advertising. Share this information with them to make sure they don’t miss their check in the mail. People who receive checks should deposit or cash them within 90 days. The Federal Trade Commission announced Wednesday that it will send almost $50 million to more than 147,500 students.. To settle the case, the defendants agreed to pay $50 million in direct payments for some students and an additional $141 million in canceled balances … Since 2015, the University of Phoenix has been investigated by FTC. If you have questions about debt canceled by the school, email the University of Phoenix at UOPXFinance@phoenix.edu or call 1-800-333-5305. The money is going to students who: People who receive checks should deposit or cash them within 90 days. Comments and user names are part of the Federal Trade Commission’s (FTC) public records system (PDF), and user names also are part of the FTC’s computer user records system (PDF). The Federal Trade Commission secured millions for students after allegations of the school using misleading advertising in its recruitment. University of Phoenix Settlement With Federal Trade Commission University of Phoenix is dedicated to providing nontraditional students the opportunity to get access to higher education. As part of the deal, students at the online university will receive $50 million in direct […] The University started with eight students as a for-profit school. The University of Phoenix, Inc. (“UOP”) is an Arizona corporation, with its principal place of business at 4025 S. Riverpoint Parkway, Phoenix, AZ, 85040. In December 2019, the FTC announced The University of Phoenix and its parent company agreed to pay a record $191 million to resolve allegations that they used deceptive advertisements falsely touting their relationships and job opportunities with companies such as AT&T, Yahoo!, Microsoft, Twitter, and The American Red Cross. People who receive checks should deposit or cash their checks within 90 days. By the way, the FTC never requires people to pay money or provide account information to get a refund or to cash a refund check. The Federal Trade Commission is sending nearly $50 million in payments to University of #Phoenix students at a time when the Biden administration is cracking down on for-profit universities. 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