The University of Phoenix’s enrollment collapsed from a peak of 470,000 students in 2010 to approximately 95,000 by fall 2018—an 80% decline—as federal and state investigations exposed systematic fraud including deceptive advertising that falsely promised job opportunities with major companies …
University of PhoenixApollo Education GroupFederal Trade Commissionfor-profit-collegesfraudstudent-debtuniversity-of-phoenix
On July 30, 2012, the Senate Health, Education, Labor, and Pensions (HELP) Committee released the Harkin Report, a devastating two-year investigation documenting systematic fraud, abuse, and taxpayer exploitation in the for-profit college industry. The 2,000-page report, based on subpoenaed …
Senator Tom HarkinSenate HELP CommitteeUniversity of PhoenixCorinthian CollegesITT Tech+3 moreeducationfor-profit-collegesfraudstudent-debtregulatory-failure+1 more
The University of Phoenix and its parent company Apollo Group agreed to pay $78.5 million on December 14, 2009, to resolve allegations that the nation’s largest for-profit university violated the False Claims Act by illegally paying recruiters based on the number of students they enrolled, …
University of PhoenixApollo GroupMary HendowJulie AlbertsonU.S. Department of Justice+1 morefor-profit-educationfraudfalse-claims-actstudent-loanswhistleblower+3 more
Between 2005 and 2024, the United States operated a two-tiered bankruptcy system that weaponized debt against students and working Americans while preserving bankruptcy as a strategic wealth-preservation tool for corporations and the wealthy—a defining example of 21st century American kleptocracy. …
Corinthian CollegesITT TechUniversity of PhoenixPurdue PharmaSackler Family+2 morebankruptcy-lawstudent-debtcorporate-fraudinequalitykleptocracy