A Republican-led bill aimed at preventing scammers from submitting fraudulent federal student aid applications to collect the money and run is moving forward in the House.

Add Yahoo as a preferred source to see more of our stories on Google. We are losing millions of tax dollars right now to what are known as "ghost students" -- online scammers who enroll in community ...

The Big Number: $1 billion — that’s how much the Department of Education says it saved taxpayers by cracking down on student ...

MUNCIE, Ind. — A serial scammer will spend over two years in prison after she defrauded the U.S. Department of Education out of nearly $1 million in financial aid by enrolling fake students in college ...

Last year, the U.S. Department of Education found tens of millions of dollars had been wrongfully awarded, including $30 million to dead people over three years. The largest community college in ...

Add Yahoo as a preferred source to see more of our stories on Google. FAFSA Program Executive Director Aaron Lemon-Strauss, second from left, and Federal Student Aid Acting Chief Operating Officer ...

SALT LAKE CITY — Ghosts are typically the spooky residents of haunted houses, horror flicks and Halloween parties. But "ghosts" are also finding their way into America's higher education system — ...

HOUSTON, Texas — A 43-year-old Richmond resident has confessed to orchestrating a large-scale financial aid fraud scheme involving hundreds of false applications, according to Acting U.S. Attorney ...