The University of Phoenix will pay $191 million as part of a settlement with the Federal Trade Commission — and just over $140 million of that will be used to cancel student debt.
The FTC says the for-profit school used deceptive advertising to falsely claim it had job-placement relationships with several high-profile companies, such as Microsoft and Twitter.
Rachel Leingang, the Arizona Republic’s higher education reporter,joined The Show to talk about the settlement, the advertisements in question and what they contained that the FTC said was deceptive.
