University Of Phoenix Settlement 2025

University Of Phoenix Settlement 2025. Moscow, idaho — today, university of idaho board of regents approved university of idaho’s request to extend the asset purchase agreement for the university of phoenix transaction. Department of education recently announced that it will approve federal student loan forgiveness for people who attended the university of phoenix, were deceived by the school’s job placement claims, and submitted a valid application for borrower defense.

Today my administration approved another $37 million in debt cancellation for over 1,200 borrowers who were deceived by the university of phoenix. Since the settlement was announced a year ago, the ftc has decided to put the $50 million towards a fund for students who fell victim to the university of phoenix’s deceptive marketing.