![]() The University of Phoenix, for its part, maintained it acted appropriately but agreed to the settlement to avoid further litigation. University of Phoenix, for-profit institution of higher learning based in Phoenix, Arizona, that offers classes primarily online. Official university Of Phoenix Shirt american college Sticker. "Students making important decisions about their education need the facts, not fantasy job opportunities that do not exist." "This is the largest settlement the Commission has obtained in a case against a for-profit school," Andrew Smith, director of the FTC's Bureau of Consumer Protection, said in a statement at the time. ![]() ![]() In the suit, the agency alleged that the for-profit, online university lured in students by falsely advertising its relationships with potential employers including AT&T, Twitter, Microsoft, and the American Red Cross. The direct payments come as part of a $191 million settlement that the University of Phoenix agreed to with the FTC in December 2019 following a lawsuit about its marketing practices. The US Federal Trade Commission said Wednesday that it is sending nearly $50 million to University of Phoenix students who may have fallen victim to allegedly deceptive marketing practices. Account icon An icon in the shape of a person's head and shoulders.
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