University of Phoenix Student Loan Forgiveness, On December 10, 2019, FTC announced the settlement with the University of Phoenix. They stated that parties agreed on a 191 million dollar benefit for former students of the university. As part of that agreement, students owing directly to the university would get 141 million loan forgiveness. To qualify for the University of Phoenix loan discharge, students should have attended the school between October 2012 and December 2016. Apollo Education Group mentioned on a variety of occasions that students can relax because, within 45 working days, all the debt amount of eligible students will be cleared. |
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