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HEARINGS TARGET TRADE SCHOOLS IN PROBING STUDENT LOAN FRAUD Author: LARRY LIPMAN, Palm Beach Post Washington Bureau Date: February 21, 1990 Publication: The Palm Beach Post Page Number: 3A Word Count: 502
Rampant waste, fraud and abuse in the $45 billion federal student loan program could cost American taxpayers billions of dollars in defaulted loans and leave students-- particularly those who enroll in private trade schools -- without the training they signed up to receive, a Senate panel was told Tuesday.
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