“Carrie Wofford, president of Veterans Education Success, a nonprofit advocacy group, has said some for-profit schools do not explain to students that they’re signing up for loans. She has argued that the ‘master promissory note,’ the legal document students sign to agree to repay their loans should instead be titled a ‘student loan contract,’ so that people are more likely to understand what they’re signing up for.

‘There’s no question there are veterans with loans they didn’t want,’ Wofford said. ‘A huge number of veterans complained to us about the Art Institute.””


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