Grand Canyon University Faces FTC Suit And VA Audit After $37 Million Fine [Forbes]
Grand Canyon Education, Inc. (LOPE)
Last grand canyon education, inc. earnings: 2/19 04:05 pm
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Source: Forbes
The past month has seen Grand Canyon University troubles grow in the wake of a $37.4 million fine from the Department of Education. GCU is now facing a lawsuit from the Federal Trade Commission for alleged deceptive advertising and illegal telemarking practices and a risk-based audit launched by the Department of Veterans Affairs. The actions taken against GCU seem to all stem from the Department of Education's findings that GCU lied to more than 7,500 students about the cost of its doctoral programs as a way to increase enrollment. Why Is The Federal Trade Commission Suing Grand Canyon University? The FTC suit alleges that GCU used deceptive marketing tactics to recruit students into its Ph.D. programs, including misrepresenting the price of those programs. A program's price is a crucial factor for students deciding where to attend college, and even more so for students heading to graduate school, where funding tends to be more limited and loan amounts can be large. Knowing exactl
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News
- Biden's student loan chief to depart as mass relief plan looms [Yahoo! Finance]Yahoo! Finance
- GRAND CANYON UNIVERSITY CELEBRATES ANOTHER GRADUATING CLASS OF NEARLY 30,000 [Yahoo! Finance]Yahoo! Finance
- Unlock 25% College Tuition Savings with Streetbeat's Innovative Tuition Rewards Program [Yahoo! Finance]Yahoo! Finance
- 'Harassment' of Christian college by Biden administration blasted by state education official [FOX News]FOX News
- Grand Canyon Education, Inc. (NASDAQ: LOPE) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $160.00 price target on the stock.MarketBeat
LOPE
Earnings
- 2/13/24 - Beat
LOPE
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- LOPE's page on the SEC website