Fake Students, Real Loans: Financial Aid & Admissions Fraud is Skyrocketing

The increased use of AI and the popularity of online classes have thrown open the doors to financial aid fraud. Scammers use AI bots to pose as students and enroll them in online classes just long enough to collect student loan payments.In addition to the cost of this type of financial aid fraud, these “fake students” often fill up online classes, locking out real students who need the classes. One victim’s ordealThat’s the story of Heather Brady, who discovered that