Education Sec. McMahon: We Identified and Prevented Over $2 Billion in Fraud

EXCERPT:

MCMAHON: "We're just beginning now to really look into the fraud that you're referencing, the K-12 schools. We've been focusing quite a bit of our fraud detection, if you will, in higher education at the moment. And we have, through our student loan program, the FAFSA program, we have actually identified and prevented now over $2 billion in fraud.”