Perdoceo controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile5 entries
2020
Federal funding and regulatory scrutiny
Reports described scrutiny involving Title IV funding, the 90/10 rule and proposed or threatened funding restrictions affecting Colorado Technical University and American InterContinental University.
2019
Multistate student-debt settlement
The company agreed to forgive approximately $493 million in student debt in a settlement with attorneys general from 48 states and the District of Columbia. The company denied wrongdoing.
2019
Federal Trade Commission lead-generation settlement
Perdoceo agreed to pay $30 million to settle Federal Trade Commission allegations concerning deceptive lead-generation websites used to attract prospective students.
2013
New York job-placement advertising settlement
Career Education paid $10.25 million to settle New York allegations that it systematically misrepresented employment-placement rates to students.
2003
Securities litigation over financial reporting
Career Education was sued over allegations that it inflated financial results and issued misleading statements in violation of securities law.