Experts to investigate student loan fraud claims

The education secretary has asked counter-fraud experts to lead an investigation into reports millions of pounds in student loans are being claimed by people with no intent to study.
It follows a report in the Sunday Times which says it found evidence of some individuals enrolling on degree courses at small colleges just to access loans, with no intention of paying them back.
Bridget Phillipson has called in the Public Sector Fraud Authority (PSFA) to coordinate the government’s response to the allegations and to support investigations already under way.
Writing in the Sunday Times, she said it pointed to “one of the biggest financial scandals in the history of our universities sector”.
The newspaper said most of the students under scrutiny are believed to be at franchised universities – small colleges paid to provide courses for established universities.

Courtesy: BBC