Colorado's attorney general's office announced Thursday that the state has fined for-profit Argosy University $3.3 million for deceptive marketing, The Denver Post reported. The state found that the university led students to believe that it was seeking accreditation for two doctoral programs by the American Psychological Association, which was not the case. Further, students were unaware that they were unlikely to be able to become licensed psychologists in Colorado with their Argosy degrees. Most of the fine will be used to help former Argosy students with their loans. Argosy acknowledged the fine and, in a statement, said that "[a]t Argosy University, student achievement is our top priority, and we are committed to constant improvement."