The real reason the University of Phoenix is cancelling $141 million in student debt

Published: Dec. 14, 2019, 7 a.m.

The recent settlement by the University of Phoenix is shedding light on predatory practices of some for-profit schools. Joe and Bobbi explain how the settlement clarifies what schools can and cannot promise as well as what students need to know when they decide to pay for higher education, regardless of how it is financed.