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Financial Aid in the News

At University of Phoenix, Allegations of Enrollment Abuses Persist (Mother Jones)

"Recruiters at the nation's largest for-profit school are being accused of phony claims, lies, and deception," Mother Jones reports. "Last week, Phoenix's parent company, the Apollo Group, announced that it had put aside $80 million to settle a whistleblower lawsuit ... in making the announcement, Phoenix said its 'compensation programs and practices were in compliance with the applicable legal requirements.' ... Phoenix is not the only for-profit university to get into trouble in recent years ... But Phoenix stands out with 420,000 students [and] $3.2 billion in federal aid last year."

You can read the complete Nov. 04, 2009 Mother Jones article on-line.

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