University of Phoenix Students May File Deceptive Advertising Lawsuit

University of Phoenix Students May File Deceptive Advertising Lawsuit

For years, going to college has been sold as a way to achieve the American dream. Instead, ballooning costs and stagnant wages have made it nearly impossible for a generation of students to get a degree without racking up enormous student loan debt. It’s true that the student loan debt crisis is affecting students across both for-profit and non-profit colleges. However, crushing student loan debt has disproportionately affected students of for-profit colleges. Students of for-profit colleges like the University of Phoenix (UOP) and DeVry have been duped by false advertising.

In , the University of Phoenix agreed to a $191 million settlement with the Federal Trade Commission over claims that students were harmed by deceptive advertising. (más…)

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