Education Dept. Cracks Down on Fraud, Saves $1B
Annapolis News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Department of Education unveils a new system to combat federal student aid fraud, saving taxpayers one billion dollars. The update includes requiring government-issued IDs for new applicants to prevent ghost students and digital scams. Previously, less than one percent of students had their identities verified, leading to millions in fraud. The Treasury Department will now manage federal student loan oversight. Additionally, the Trump team busted a fifty million dollar hospice fraud ring in California, demonstrating a commitment to rooting out waste and protecting public funds.
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