"Grand Canyon University Hit with $37.7M Fine for Deceptive Practices"

Grand Canyon University has been fined $37.7 million by the Department of Education for "deceptive" practices related to student loans. The university was found to have lied to students about the cost of attending doctorate programs, resulting in unexpectedly high levels of student debt. This is the largest fine ever delivered by the Department of Education. The Biden administration is using enforcement provisions to hold institutions accountable and protect borrowers and taxpayers. GCU has 20 days to appeal the decision and must comply with five conditions to continue receiving federal aid funding. Students who feel they were misled can apply for a loan discharge.