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PBS Newshour

Scammers siphon college financial aid with stolen identities

Season 2025 Episode 236 | 5m 31s

According to recent reports, sophisticated criminal networks are using identity theft to disguise themselves as students at U.S. colleges. They flood colleges with applications in order to siphon off tens of millions of dollars in financial aid, taking up seats that real students need. Ali Rogin speaks with Fortune editor Amanda Gerut to learn more about this growing scam.

Major corporate funding for the PBS NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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