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The latest student loans news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks student loans across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
The Justice Department charged five people for using AI to enroll fake students and steal federal funds. Officials identified over 830,000 potentially fraudulent accounts linked to stolen identities. The scheme caused total losses close to $130 million, with the DOJ seizing more than $750,000 in cryptocurrency from a network associated with Kenyan nationals.
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