New Education Department Tool Flags $60 Million In Suspected Student Loan Fraud In Just A Month

New Education Department Tool Flags $60 Million In Suspected Student Loan Fraud In Just A Month


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The Trump administration has been focused on rooting out fraud, particularly in a second term that followed four years of Biden-era corruption. 

In the latest development on that front, the Department of Education recently revealed a massive amount of suspected fraud in student loan applications within just a few weeks of launching a new detection tool.

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Here’s what the Daily Caller reported:

The Department of Education launched a new risk assessment tool on April 26 to screen federal student aid applicants for fraud. Since the tool launched two weeks ago, the administration has found about 300,000 fraudulent applications that amounted to $60 million in student loans, officials told the Caller.

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“We’re using best in class technology, and we’ve been able to stop a

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