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Violation Tracker Individual Record

Company: Apollo Education Group
Current Parent Company: Apollo Education Group
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $191,000,000
Year: 2019
Date: December 10, 2019
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Mega-Scandal: Student Loan and For-Profit College Abuses
Violation Description: The University of Phoenix and its parent company, Apollo Education Group, agreed to pay a record $191 million -- $50 million in cash and $141 million in cancellation of student debt -- to resolve Federal Trade Commission charges that they used deceptive advertisements that falsely touted their relationships and job opportunities with companies such as AT&T, Yahoo!, Microsoft, Twitter, and The American Red Cross.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Arizona
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: educational services
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.