EXCLUSIVE: Trump Admin Intercepts $60 Million In Student Loan Fraud

The Trump administration has blocked $60 million in fraudulent student loan applications since launching a new risk assessment tool last month, the Daily Caller has learned exclusively. 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. “We’re using best in class technology, and we’ve been able to stop a lot of those fraudulent activities that are there,” a senior administration official...