How For-Profit Colleges Have Targeted and Taken Advantage of Black Students
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FRONTLINE episode from 2016 about for profit schools
SUBPRIME EDUCATION
@SJUGRAD13 , at 14:34 mark, your favorite presidential candidate appears in the story.In 2011,she started the legal actions that eventually dismantled Corinthian Colleges.
SUBPRIME EDUCATION
@SJUGRAD13 , at 14:34 mark, your favorite presidential candidate appears in the story.In 2011,she started the legal actions that eventually dismantled Corinthian Colleges.
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get these nets
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2005 SEGMENT FROM 60 MINUTES COVERING FOR PROFIT COLLEGES
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UPDATE
University of Phoenix agrees to eliminate $141 million in student debt
Posted: 5:09 PM, Dec 11, 2019
Updated: 7:26 PM, Dec 11, 2019
By: Justin Boggs
The University of Phoenix settled a legal battle with the Federal Trade Commission on Tuesday, by agreeing to eliminate $141 million in student debt and pay $50 million to the FTC, the FTC announced.
The settlement marked a record for the FTC.
"This is the largest settlement the Commission has obtained in a case against a for-profit school,” said Andrew Smith, Director of the FTC’s Bureau of Consumer Protection. “Students making important decisions about their education need the facts, not fantasy job opportunities that do not exist."
The FTC sued the University of Phoenix for deceptive marketing to potential students, leading students to believe that the university worked with employers such as Microsoft and Adobe to create job opportunities.
An example the FTC showed was of a TV advertisement that claimed that the University of Phoenix had a "growing list" of 2,000 partners while displaying logos for various large companies. In reality, these companies did not provide special job opportunities for students.
The FTC will use its share of the settlement for consumer redress. The remaining $141 million will go to cancel student debt owed by former students who were enrolled around the time they were likely exposed to the university's deceptive advertising.
The University of Phoenix said in a statement that it denies any wrongdoing.
"After cooperating fully with the FTC’s inquiry, the University is pleased to have reached this settlement agreement and resolved this matter, which principally focused on a marketing campaign that ran from late 2012 to early 2014," the statement read. "The campaign occurred under prior ownership and concluded before the FTC’s inquiry began. The University continues to believe it has acted appropriately and has admitted no wrongdoing.
"This settlement agreement will enable the University to maintain focus on its core mission of improving the lives of students through career-relevant higher education, and to avoid any further distraction from serving students that could have resulted from protracted litigation, as well as the time and expense of the litigation itself."
Here is what's next for those former students affected by the settlement, according to the University of Phoenix:
University of Phoenix agrees to eliminate $141 million in student debt
Posted: 5:09 PM, Dec 11, 2019
Updated: 7:26 PM, Dec 11, 2019
By: Justin Boggs
The University of Phoenix settled a legal battle with the Federal Trade Commission on Tuesday, by agreeing to eliminate $141 million in student debt and pay $50 million to the FTC, the FTC announced.
The settlement marked a record for the FTC.
"This is the largest settlement the Commission has obtained in a case against a for-profit school,” said Andrew Smith, Director of the FTC’s Bureau of Consumer Protection. “Students making important decisions about their education need the facts, not fantasy job opportunities that do not exist."
The FTC sued the University of Phoenix for deceptive marketing to potential students, leading students to believe that the university worked with employers such as Microsoft and Adobe to create job opportunities.
An example the FTC showed was of a TV advertisement that claimed that the University of Phoenix had a "growing list" of 2,000 partners while displaying logos for various large companies. In reality, these companies did not provide special job opportunities for students.
The FTC will use its share of the settlement for consumer redress. The remaining $141 million will go to cancel student debt owed by former students who were enrolled around the time they were likely exposed to the university's deceptive advertising.
The University of Phoenix said in a statement that it denies any wrongdoing.
"After cooperating fully with the FTC’s inquiry, the University is pleased to have reached this settlement agreement and resolved this matter, which principally focused on a marketing campaign that ran from late 2012 to early 2014," the statement read. "The campaign occurred under prior ownership and concluded before the FTC’s inquiry began. The University continues to believe it has acted appropriately and has admitted no wrongdoing.
"This settlement agreement will enable the University to maintain focus on its core mission of improving the lives of students through career-relevant higher education, and to avoid any further distraction from serving students that could have resulted from protracted litigation, as well as the time and expense of the litigation itself."
Here is what's next for those former students affected by the settlement, according to the University of Phoenix:
- As determined by the terms of the settlement, a certain designated population of students who first enrolled between October 1, 2012 and December 31, 2016 are eligible for relief from accounts owed directly to the University. Other debts, including, but not limited to, federal student loans, are not covered and remain due pursuant to their terms.
- The University will automatically release outstanding account balances for this designated population of students. These students do not need to take any action. The University will notify them and manage the processing of their debt forgiveness.
- The University will ask the credit reporting agencies (Experian and Equifax) to delete the official record of debt for outstanding account balances for this designated population of students. The credit reporting agencies will then be responsible for processing any updates to the affected students’ credit reports.
- To the extent that access to diplomas or transcripts was restricted for these students because of the previously outstanding balance, the University will lift that restriction and will make official transcripts available upon request for this designated population of students at the cost of the published transcript fee. This will allow these students to more easily pursue further higher education if they choose
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Let's not forget about the Prosperity Preaching (secular) that was used by Donald Trump to get people to enroll in TRUMP UNIVERSITY.
He settled the lawsuits after the election
He settled the lawsuits after the election
I went to UoP for a hot minute. I was recently divorced trying to finish my degree. It took them 1 time to not be able to explain where my financial aid was going and I bounced. The math never added up. They had so many fees just eating up the money. I ran my ass back to a real Uni. Ended up getting transfer scholarships and still took all my classes online. Graduated and finished on the Dean’s list.
The problem is people don’t research. A lot of people enroll in school to get loan money to live because their already below the poverty line. They hook you with the online classes. Well now most schools, community and Uni offer all or most courses online. WE have to own up to not paying attention and looking for the quick come up. If it sounds too good to be true it probably is.
The problem is people don’t research. A lot of people enroll in school to get loan money to live because their already below the poverty line. They hook you with the online classes. Well now most schools, community and Uni offer all or most courses online. WE have to own up to not paying attention and looking for the quick come up. If it sounds too good to be true it probably is.
I had to sit out of college for a year while I got my mind and money right.
I worked for a vending company, made good money, they had a Remington college on my vendor route. The school administrators tried to enroll me every chance they got. I kept it moving, I knew better, a lot of the people there didn’t tho, they were paying more in tuition than the University less than 5 miles away.
On a side note ..... boy do I have some stories to tell about that job
While you might have had enough knowledge to look into stuff like that a lot of the people who enroll in these for profit colleges don't have much of a background in education to do the same. Most of those colleges don't have entrance exams which can be a tool to determine where you are academically nor did they really care about your performance while you are there. It was about making sure people stayed enrolled so they could keep getting that financial aid from the government.
People understood that having an education has become increasingly important to make a decent living and those "schools" took advantage of it. I don't think we should hold them primarily accountable for wanting to better their lives for themselves or their families.
The book "Thick: And Other Essays" by Tressie Mcmillan goes into detail about for profit colleges.
I agree to an extent. A lot of universities have since made it easier to attend as older adults. I personally was on a mission to educate those around me so they wouldn’t make the same mistake. Most chose the easy way instead of listening.
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All you can do is present facts and offer your opinion. Person you're speaking to should respect that you don't gain or lose money from whatever decision they make. The same can't be said for that for-profit college recruiter who is in their ear.
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UPDATE
=======================================
H.J.Res.76 - Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "Borrower Defense Institutional Accountability".
current status
passed the House 1/16/20
H.J.Res.76 - 116th Congress (2019-2020): Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "Borrower Defense Institutional Accountability".
=======================================
H.J.Res.76 - Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "Borrower Defense Institutional Accountability".
current status
passed the House 1/16/20
H.J.Res.76 - 116th Congress (2019-2020): Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "Borrower Defense Institutional Accountability".
Best way is to attend community college for two year and then transfer to a major college that accepts the credits for the final two years.
Cut the cost in half and you still have the prestige of a major university. You just gotta research first if the college accepts the community college course credits.
Local businesses will hire people from local schools with no problem though, so it you don't on leaving your city, just go to whatever local community college for the full four years. No point in wasting the money.
Cut the cost in half and you still have the prestige of a major university. You just gotta research first if the college accepts the community college course credits.
Local businesses will hire people from local schools with no problem though, so it you don't on leaving your city, just go to whatever local community college for the full four years. No point in wasting the money.
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I went to ITT. It was definitely the worst decision of my 18 yr old life back then.
They start you on the core classes pretty much immediately. Yea I was learning DC/AC electronic etc, taking physics etc but the debt isn't worth it and you're not garunteed a job because the degree is fake
.
Some people find success most dont. They had to nerve to even offer a Bach degree after wanting 40k from you.
I had a recruiter they get my into a career afterwards and I've been in it for 13yrs.
They start you on the core classes pretty much immediately. Yea I was learning DC/AC electronic etc, taking physics etc but the debt isn't worth it and you're not garunteed a job because the degree is fake
.Some people find success most dont. They had to nerve to even offer a Bach degree after wanting 40k from you.
I had a recruiter they get my into a career afterwards and I've been in it for 13yrs.
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GreenGhxst
Veteran
Is it really deceptive?
You should do your own research. Community college is infinitely better. I feel like the article is saying black people are the only ones dumb enough to fall for it.
I'm not listening to Romeo about anything education, nor the nikka with cap telling me to get off of the couch.
We have HBCU's and they want us there, we also have community colleges that are exponentially cheaper than university. The purpose of marketing is to attract consumers. Some of us have to stop looking for the easy way out. Some things in life cant be achieved via shortcuts.
You should do your own research. Community college is infinitely better. I feel like the article is saying black people are the only ones dumb enough to fall for it.
I'm not listening to Romeo about anything education, nor the nikka with cap telling me to get off of the couch.
We have HBCU's and they want us there, we also have community colleges that are exponentially cheaper than university. The purpose of marketing is to attract consumers. Some of us have to stop looking for the easy way out. Some things in life cant be achieved via shortcuts.
FruitOfTheVale
Superstar
I just looked up the cost per undergrad credit at University of Phoenix, it’s $398 
I pay a little bit more than half of that at SF State.
I pay a little bit more than half of that at SF State.