If the government continues to give away millions of dollars to dead people, some of us are going to start declaring ourselves dead!<\/p>\n
On Monday, The Daily Signal<\/a> posted an article about the number of student loans being given to dead people.<\/p>\n The article reports:<\/p>\n The Trump administration is fixing the Free Application for Federal Student Aid program after uncovering around $1 billion in fraud, according to Education Secretary Linda McMahon.<\/strong><\/p>\n \u201cWe have identified and saved about a billion dollars for FAFSA loans that would\u2019ve been fraudulent,\u201d McMahon told The Daily Signal in an exclusive interview.<\/strong><\/p>\n The Biden administration only required identity verification for less than 1% of students applying for student loans, McMahon claimed.<\/strong><\/p>\n “There were dead people who were applying for loans and receiving them, bots who were receiving, and we identified in Minnesota several thousands of these bots,\u201d she said.<\/strong><\/p>\n The Trump administration\u00a0found about $90 million in federal student aid was fraudulently disbursed.<\/strong><\/p>\n This includes more than $30 million given to deceased individuals and more than $40 million distributed to companies using bots disguised as fake students.\u00a0<\/strong><\/p>\n McMahon said the agency has \u201ctotally revamped\u201d FAFSA.<\/strong><\/p>\n The article concludes:<\/p>\n While improving the FAFSA portal, the Education Department discovered the widespread fraud.<\/strong><\/p>\n The agency launched an identity verification effort in June, and it found about 150,000 suspect identities in current FAFSA forms just within the first week.<\/strong><\/p>\n The department announced in December it is hiring a new fraud detection team.<\/strong><\/p>\n \u201cWe already have the team in place,\u201d McMahon said. \u201cWe are working\u2014it\u2019s been amazing what we have discovered.\u201d<\/strong><\/p>\n \u201cI\u2019m very pleased with the results,\u201d she continued, \u201cso I think they\u2019ve got a good team in place, and I think they\u2019re doing a really good job.\u201d<\/strong><\/p>\n I am glad that this is being cleaned up, but I am tired of constantly hearing about fraud in government programs and having no one held accountable. Who received the money, and why are they not in jail?<\/p>\n","protected":false},"excerpt":{"rendered":" If the government continues to give away millions of dollars to dead people, some of us are going to start declaring ourselves dead! On Monday, The Daily Signal posted an article about the number of student loans being given to … Continue reading