History of IDEA
Jeannie Oakes, Founder and Former Director
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Past Educational Opportunity Reports
Online classes targeted by financial aid scams
- 10-07-2011
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By Erica Perez/California Watch
The explosion of online college course offerings and online financial aid transactions has created a substantial risk of fraud – and regulators should craft new rules to clamp down on theft, according to a new report from the U.S. Department of Education Office of Inspector General. The report reveals that the inspector general has opened a growing number of investigations into financial aid fraud rings in which the leaders enroll dozens or even hundreds of “straw” students in college courses, using their Social Security numbers either with their permission or through identity theft. (more...)
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