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The University of Phoenix settled a legal battle with the Federal Trade Commission on Tuesday, by agreeing to eliminate 1 million in student debt and pay million to the FTC, the FTC announced. The settlement marked a record for the FTC."This is the largest settlement the Commission has obtained in a case against a for-profit school,” said Andrew Smith, Director of the FTC’s Bureau of Consumer Protection. “Students making important decisions about their education need the facts, not fantasy job opportunities that do not exist."The FTC sued the University of Phoenix for deceptive marketing to potential students, leading students to believe that the university worked with employers such as Microsoft and Adobe to create job opportunities. An example the FTC showed was of a TV advertisement that claimed that the University of Phoenix had a "growing list" of 2,000 partners while displaying logos for various large companies. In reality, these companies did not provide special job opportunities for students. The FTC will use its share of the settlement for consumer redress. The remaining 1 million will go to cancel student debt owed by former students who were enrolled around the time they were likely exposed to the university's deceptive advertising. The University of Phoenix said in a statement that it denies any wrongdoing. "After cooperating fully with the FTC’s inquiry, the University is pleased to have reached this settlement agreement and resolved this matter, which principally focused on a marketing campaign that ran from late 2012 to early 2014," the statement read. "The campaign occurred under prior ownership and concluded before the FTC’s inquiry began. The University continues to believe it has acted appropriately and has admitted no wrongdoing. "This settlement agreement will enable the University to maintain focus on its core mission of improving the lives of students through career-relevant higher education, and to avoid any further distraction from serving students that could have resulted from protracted litigation, as well as the time and expense of the litigation itself."Here is what's next for those former students affected by the settlement, according to the University of Phoenix:As determined by the terms of the settlement, a certain designated population of students who first enrolled between October 1, 2012 and December 31, 2016 are eligible for relief from accounts owed directly to the University. Other debts, including, but not limited to, federal student loans, are not covered and remain due pursuant to their terms.The University will automatically release outstanding account balances for this designated population of students. These students do not need to take any action. The University will notify them and manage the processing of their debt forgiveness.The University will ask the credit reporting agencies (Experian and Equifax) to delete the official record of debt for outstanding account balances for this designated population of students. The credit reporting agencies will then be responsible for processing any updates to the affected students’ credit reports.To the extent that access to diplomas or transcripts was restricted for these students because of the previously outstanding balance, the University will lift that restriction and will make official transcripts available upon request for this designated population of students at the cost of the published transcript fee. This will allow these students to more easily pursue further higher education if they choose. 3578

There's a different kind of patriot walking the streets of Nashville. He might look like Captain America but he doesn't call himself a superhero. Photojournalist Dan Blommel spent time documenting the man known as “The Shadow Patriot” – Nashville's citizen hero. Watch the video above. 298

The United States and Russian navies are at odds over an apparent near collision in the Pacific Friday with each side blaming the other.The US and Russian warships came somewhere between 50 feet and 165 feet of each other, according to the two opposing reports, with both sides alleging their ships were forced to perform emergency maneuvers to avoid a collision.This latest incident comes just days after the US Navy accused Russia of 448

They telling black rappers they are banned from properties they own without incident ... they just told me I was trespassing and I will be arrested I stepped in that hotel once at a jayz party without incident!— Meek Mill (@MeekMill) 246

The Pentagon has formally launched a new space-focused development agency that it hopes will form a central part of President Donald Trump's sought-after Space Force.Acting Secretary of Defense Pat Shanahan formally launched the Space Development Agency Tuesday, according to a copy of a memo obtained by CNN.The agency will fall under the new US Space Force, should Congress approve the latter's establishment.The goal of the agency is to put all US military space technology development under one roof to speed procurement. However, the memo does not make clear what will become of the Air Force's Space and Missile Systems Center and Space Rapid Capabilities Office, which participate in the development of such capabilities.The agency's creation has been met with some criticism from those who feel it may be redundant."I think there's still concern and I have some concerns about what is the mission of this entity, why do we think it would be better than what we currently do? What exactly would be focused on?" Air Force Secretary Heather Wilson said last month at the Air Warfare Symposium in Orlando, Florida."Conceptually, there has been a public discussion of this. Conceptually, it would be stood up and then rolled into a Space Force which means it would be a new agency that would exist for probably less than a year," she added.Wilson recently announced her intention to resign.Shanahan's memo says the new agency "will accelerate the development and fielding of new military space capabilities necessary to ensure our technological and military advantage in space for national defense."Space assets developed by the Military Intelligence Program will remain separate.The agency is being tasked with developing advanced space military capabilities and "will be focused on experimentation, prototyping and accelerated fielding as well as leveraging commercial technologies and services" according to the Pentagon's 2020 budget request.The budget request sought nearly 0 million in "new resources" for the new agency, which will have some 50 personnel assigned to it — a mix of reassigned and new personnel.Dr. Fred Kennedy, currently the director of the Tactical Technology Office at DARPA, has been tapped to lead the agency, according to the memo. 2278

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