VA plans to suspend new GI Bill enrollments at University of Phoenix, four other schools

The University of Phoenix, a for-profit chain based in Phoenix, was one of five colleges that the VA said it had"sufficient evidence" regarding illegal advertising, sales and enrollment practices that were"erroneous, deceptive, or misleading either by actual statement, omission, or intimation against GI Bill beneficiaries," the department said in a news release.

The other schools affected by the VA's announcement are Colorado Technical University, American InterContinental University, Bellevue University and Temple University.If the colleges don't take corrective action within 60 days, the VA will suspend enrollment of new GI Bill students for all programs."It’s important to note that no students or benefits are currently impacted by the Department of Veterans Affairs’ recent announcement," the university's statement said.

A university statement issued Monday reiterated that the university admitted no wrongdoing in the FTC settlement and pointed out that the investigation took issue with one marketing campaign that ended six years ago.

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