University of Phoenix was found by the GAO to have prioritized financial success over student outcomes, with low spending in instruction per student and a 66 percent withdrawal rate among students in associate degree programs.
The University of Phoenix’s parent company, resolved a 2004 U.S. Department of Education investigation by settling for $10 million. Regulators accused the university of making recruiter pay dependent on enrollment numbers. The Apollo group settled for $78.5 million when a whistle-blower made allegations of enrollment-based recruiter incentives.
In October 2010, the University of Phoenix lost a $10 million lawsuit with the Oregon Attorney General for poor financial practices. The lawsuit charged that University of Phoenix misled investors, and failed to follow federal student loan protocol, which in some cases led to improperly canceled student loans.
You enrolled at a university with the best hopes and intentions, looking to improve your life and the lives of loved ones who depend on you.
Now it’s a few years later and the shiny, optimistic dreams of a better future have come CRASHING down to reality.
You have outstanding student loans.
The loan collectors are calling. Maybe your parents even co-signed for you, and now the loan companies are harassing them for money they don’t have, just as they plan to retire.
It’s hard for you to get a car, or a home…maybe you have children that you worry you can’t support while holding your burden of debt.
BOTTOMLINE….You have a student loan that is extremely hard to keep up with payments on, and not much hope for making enough money to pay it. You’re probably feeling pretty RIPPED OFF, and it’s not an easy time for you.
Studentloanhelp.me is a document preparation company that help students like yourself apply for federal student loan forgiveness. We have helped thousands of students get their loans forgiven after attending a scamming for-profit university. We offer many solutions to individuals dealing with student debt, both federal and private loans.
What we can do for you
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Disclaimer: Student Loan Help ME is not affiliated with any Federal, State, or Local Government agencies. Student Loan Help ME assists student borrowers in obtaining Federal loan forgiveness and (or) consolidation programs by preparing, pre-qualifying & submitting required documentation on the student’s behalf. Borrowers that have student loan debt are in their legal right to consult an attorney or process their own Federal loan services documentation on their behalf.