The Government Accountability Office (GAO) is calling out the Education Department for its failure to implement processes to detect and prevent fraud in its student debt relief program that launched in October 2022.
The Biden administrations student loan debt relief program was slated to provide up to $20,000 in relief to borrowers who had incomes below certain thresholds. However, court orders ceased work on the program before discharging any debt, and in June 2023 the Supreme Court struck down the program.
Despite this, in a recent report, the watchdog is calling on the Education Department to better implement policies and procedures to mitigate fraud risk in any future efforts to relieve student debt.
Education designed its approv…
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