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July 8, 2026 Yesterday, the U.S. Department of Education (the Department) held the first-of-its-kind Higher Education Fraud Summit featuring Under Secretary of Education Nicholas Kent, Assistant Attorney General for the National Fraud Enforcement Division Colin McDonald, and White House Task Force to Eliminate Fraud Executive Director Scott Brady. The event drew over 800 participants to discuss innovative approaches to combating fraud and abuse in the sector and highlighted t

The U.S. Department of Education (ED) has released updated CDR nonpayment rate data, providing colleges and universities with a valuable look at borrower repayment performance. According to ED, approximately 2,000 institutions now have nonpayment rates of 25% or higher, an alarming increase of roughly 200 schools since the February 2026 update. While nonpayment rates are not the same as official Cohort Default Rates (CDRs), the Department has noted that they may currently be

A major federal crackdown is underway as a massive wave of financial aid fraud sweeps across American higher education. As the bipartisan anti-fraud bill heads to the Senate after passing the House, June 2026 data reveals a rampant "ghost student" crisis. Do not let your school get robbed of FSA funds. Fight back and take action to prevent bots and fake IDs, and call the “Fraud Busters” at Biometric Signature ID. Here is our proven recipe to stop institutions from disbursing