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- Colorado Technical University has been involved in fraudulent practices and recently settled a class action lawsuit1. The school is a for-profit corporation that charges more than most schools, and is discriminatory, ruthless, and unethical1. Their credits are not transferable, and the MBA program is useless1. The Federal Trade Commission has also sued the University of Phoenix, DeVry, and the operators of American InterContinental University and Colorado Technical University for their allegedly deceptive practices2. CEC admitted that they provided false job placement rates and inflated average incomes of their graduates, data which convinced students that attending the schools would be worth their while, and which amounted to false advertising, or outright fraud3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Colorado Technical University recently settled a class action lawsuit regarding its fraudulent practices. The school will mislead you, placing you in debt. It is a for-profit corporation that charges more than most schools. They are discriminatory, ruthless, and unethical. Their credits are not transferable, the MBA program is useless.www.consumeraffairs.com/education/online-colleg…The FTC has also sued the University of Phoenix, DeVry, and the operators of American InterContinental University and Colorado Technical University for their allegedly deceptive practices. Students who took out loans to attend those schools got more than $300 million in payments and debt cancellation through these FTC actions.consumer.ftc.gov/consumer-alerts/2022/09/got-stu…Basically, CEC admitted that they provided false job placement rates and inflated average incomes of their graduates, data which convinced students that attending the schools would be worth their while, and which amounted to false advertising, or outright fraud.www.forgetstudentloandebt.com/student-loan-relie…
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