Federal Trade Commission Warns Veterans About For-Profit Colleges

The Federal Trade Commission is warning military veterans to be cautious when choosing to spend their GI Bill benefits at a for-profit college.

In a recent post on “8 Questions to Ask” when picking a college, the agency urges veterans to “be aware that some for-profit schools may not have your best interest in mind.”

“They may want to use your Post-9/11 GI Bill benefits to boost their bottom line and may not help you achieve your education goals,” the post reads. “They may stretch the truth to persuade you to enroll, either by pressuring you to sign up for courses that don’t suit your needs or to take out loans that will be a challenge to pay off.”

The post recommends that veterans consult the Education Department’s College Navigator to determine whether an institution is for-profit or not-for-profit. <Read more.>

Via Kelly Field, The Chronicle of Higher Education.