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FTC: Sollers College to Cancel $3.4 Million in Student Debt to Resolve Charges It Used Deceptive Ads
October 19, 2023
WASHINGTON, Oct. 19 -- The Federal Trade Commission issued the following news release on Oct. 18, 2023:

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FTC, New Jersey say that the for-profit school attracted consumers by falsely touting relationships with prominent employers and inflating job placement rates

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Sollers College and its parent company, Sollers Inc., have been ordered to cancel $3.4 million in student debt to resolve separate charges brought by the Federal Trade Commi . . .

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