The University of Phoenix (UOP) and its parent company, Apollo Education Group, have reached a record $191 million settlement with the Federal Trade Commission (FTC), which accused the for-profit college of attracting students with a “deceptive” advertising campaign.
According to an FTC statement released on Dec. 10, UOP allegedly used deceptive advertisements that falsely claimed it worked with top companies to develop courses and create job opportunities specifically for its students.