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If you enrolled during this time frame and were led to believe you would get a good job after graduating, you may be eligible for compensation. The FTC said the University of Phoenix's ads sought to mislead prospective students by suggesting the school had close ties to Twitter, MGM and other large companies. Like WTOP on Facebook and follow WTOP on Twitter and Instagram to engage in conversation about this article and others. The school will pay $50 million in fines directly to the Federal Trade Commission (FTC) while the other $141 million will go towards forgiving student debt held by the school, according to the Arizona Capitol Times. I was misled to believe I could attain a job with no medical background. I was told that they would help place me in a job in my field by my financial advisor, then my academic advisor was constantly changed, I was also pressured to attend by the mounting calls and persuasion of how attending UOP would change my life and benefit me with the ability to make more money, it took me some time to finish due to Cancer and trying to push through so that I wouldnt lose my credits. University Of Phoenix Reaches $191 Million Settlement With FTC Below is an example of a University of Phoenix ad that allegedly implies a working relationship with these companies: To be eligible to receive a payment, a student must have: Enrolled in a masters, bachelors or associates program at the University of Phoenix between Oct. 15, 2021 and Dec. 31, 2016; Paid more than $5,000 with cash, grants, federal or private student loans or military benefits; did not receive a debt cancellation as part of an earlier settlement between the FTC and the University of Phoenix; did not opt out of the university sending students contact information to the FTC. ", The University of Phoenix successfully targeted minorities, military veterans, service members and their spouses for enrollment, the FTC says, calling the University of Phoenix "the largest recipient of Post-9/11 GI Bill benefits since the program's inception. I tried to use my GI BIll and they raised the price above what the VA agreed to pay and now I have student loans to pay back. ", In response to the FTC settlement, the University of Phoenix issued a fact sheet touting both its achievements and its commitments to improve. ", "The University of Phoenix once claimed nearly half a million students," NPR education correspondent Anya Kamenetz reports, "but enrollment has fallen sharply in the last decade amid several investigations, lawsuits and controversies.".