The for-profit school, University of Phoenix, agreed to a $191 million settlement after it lured students by advertising employer partnerships that did not exist, the Federal Trade Commission said.
The school’s deceptions affected students who enrolled between October 2012 and December 2016. The fabrication targeted students interested in A-list companies like Microsoft and Twitter thought a marketing campaign set out by the school.
The University of Phoenix admits to wrongdoing under the settlement and will pay a $50 million penalty to the F.T.C. and cancel $141 million in debts accrued by student who enrolled during the affected years.
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