Core Viewpoint - The adult education market is facing significant issues, with many institutions misleading students into taking on loans under false pretenses, leading to financial distress for the students involved [1][9][10]. Group 1: Misleading Practices - Many adult education institutions use deceptive marketing tactics, such as claiming "guaranteed passing" and "government subsidies," to lure students into signing contracts that include hidden loan agreements [1][10]. - Students are often misled by terms like "installment payment," which they believe refers to paying tuition in parts, while it actually refers to loan repayments [4][10]. - Complaints on platforms like Black Cat Complaints indicate that numerous individuals have unknowingly taken on loans due to these misleading practices [2][9]. Group 2: Case Studies - Zhang Li, a victim from Wuhan, was drawn in by an advertisement for a second undergraduate degree, only to find herself in debt after being misled about the payment structure [3][5]. - Another victim, Li Jia, was similarly deceived into signing a loan agreement without understanding the terms, leading to a quick realization of her financial predicament [6][7]. - Students like Liu Ming also reported being pressured into loans under the guise of educational advancement, with institutions failing to provide the promised courses or quality education [7][8]. Group 3: Institutional Issues - Many of the implicated institutions, such as Wuhan Kaoshi Network Education Technology Co., have been identified as "shell companies" with no real business operations, frequently changing addresses to evade legal scrutiny [11][14]. - Legal experts have noted that these companies often include harsh terms in their contracts, making it difficult for consumers to seek refunds or recourse [14][19]. - The collaboration between these educational institutions and lending platforms like Xiao Yu Dian Xiao Dai raises concerns about the adequacy of due diligence and regulatory compliance [16][17]. Group 4: Regulatory Environment - Recent regulations from the National Financial Supervision Administration emphasize the need for lending companies to conduct thorough assessments of their partner institutions and protect consumer rights [17][19]. - Despite these regulations, complaints against lending institutions continue to rise, indicating a gap in enforcement and compliance [19][20]. - Xiao Yu Dian Xiao Dai has stated that they have implemented measures to ensure compliance among their partners, but the effectiveness of these measures remains in question [18][19].