It has 75,000 students, and it received about $930 million in federal money meant for student financial aid in the fiscal year 2020-2021. The University of Phoenix is one of the nation’s largest for-profit providers of online college education. The University continues to believe it has acted appropriately and has admitted no wrongdoing. The department requests included questions about how long Burnett worked at the college and its parent company, Alta Colleges, and his role in the school’s advertisements, recruitment strategies, and job placement reports.Ĭhris Lynne, the university’s chief financial officer, will serve as interim president. The FTC made allegations concerning a campaign that ended in 2014 that were not tested through litigation, and do not constitute factual findings by either the FTC or any court. George Burnett was appointed head of the University of Phoenix in February 2022. The University of Phoenix has settled for a record 191 million to resolve Federal Trade Commission charges. Burnett believes this request could take some time to address, and not wanting to distract from the university’s mission of providing career-relevant higher education to working adults,” she added. Senior Reporter, Phoenix Business Journal. University of Phoenix's ranking in the 2022-2023 edition of Best Colleges is National Universities, 331-440. “He has stepped down as president and board member of the university, effective June 1, 2022,” confirmed a Phoenix spokeswoman, Andrea Smiley. Overview University of Phoenix is a for-profit institution. Department of Education has already canceled $130 million in student loan debt in connection to claims from students who attended Westwood in Westminster, Colorado. Westwood College, a for-profit college that closed in 2016, faced tension with regulators over deceptive advertising among other concerns. With 40 years of experience, we continue to focus on meeting the needs of adult learners. Department of Education opened an investigation on his prior job management at another for-profit institution, Westwood College. University of Phoenix was founded upon the vision of making higher education more available, even if you’re a professional with a full time commitment to work and family. George Burnett resigned as President of the University of Phoenix after the U.S.
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