The University of Phoenix, one of the largest recipients of GI Bill benefits, is under federal investigation for possible deceptive or unfair business practices, its parent company has announced. Apollo Education Group which owns The University of Phoenix, as well as Western International University, Carnegie Learning, and College for Financial Planning announced the Federal Trade Commission investigation in a filing with the U.S. Securities and Exchange commission. According to the filing, the investigation is to "determine if certain unnamed persons, partnerships, corporations, or others have engaged or are engaging in deceptive or unfair acts or practices in or affecting commerce in the advertising, marketing, or sale of secondary or postsecondary educational products or services or educational accreditation products or services." For more details, see this Military.com article.
University of Phoenix Under Federal Investigation
