Study: Most student loan fraud claims involve for-profits

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Study: Most student loan fraud claims involve for-profits

An Everest Institute sign is seen in a office building in Silver Spring, Md. Students who attended for-profit colleges filed more than 98 percent of the requests for student loan forgiveness alleging fraud by their schools, according to an analysis of Education Department data published Thursday.
FILE - In this Sept. 7, 2017, file photo, Education Secretary Betsy DeVos speaks at George Mason University Arlington, Va., campus. Students who attended for-profit colleges filed more than 98 percent of the requests for student loan forgiveness alleging fraud by their schools, according to an analysis of Education Department data published Thursday, Nov. 9. (AP Photo/Jacquelyn Martin, File)

Study: Most student loan fraud claims involve for-profits

An Everest Institute sign is seen in a office building in Silver Spring, Md. Students who attended for-profit colleges filed more than 98 percent of the requests for student loan forgiveness alleging fraud by their schools, according to an analysis of Education Department data published Thursday.
FILE - In this Sept. 7, 2017, file photo, Education Secretary Betsy DeVos speaks at George Mason University Arlington, Va., campus. Students who attended for-profit colleges filed more than 98 percent of the requests for student loan forgiveness alleging fraud by their schools, according to an analysis of Education Department data published Thursday, Nov. 9. (AP Photo/Jacquelyn Martin, File)
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