Its a jungle out there. We offer three services (1) training and coaching (2) job listings social media outreach, and (3) short educational videos with eye-grabbing images backed by analytics and behavioral sciences to help our clients survive and thrive in the frenzied and ferocious times in which we live.
An exploration of federal student financial aid policies, the administration of college aid, the potential for the misuse of federal grants and potential for various types of fraud related to student federal aid, immigration fraud, and an examination of the ways in which crime and fraud can be prevented.
Tonya Mead, PhD, MBA, M.Ed, School Psychologist, CHFI, CFE The Panama Papers in 2017 revealed that American colleges and universities stash large portions of their endowment funds overseas. Perhaps as an investment tool multiplier. What about the flip side? What about the flow of foreign funds to US colleges and universities? It must be pretty […]
By: Tonya Mead, PhD, MBA, M.Ed, CHFI, CFE On average, recent graduates and their parents carry about $140K in student loans. Please see the Wall Street Journal (referenced by ZeroHedge). While federal student financial aid “help students to realize their dreams,” Fraud Magazine reports cases investigated by the U.S. Department of Education, Office of the […]
By: Tonya Mead, CFE, CHFI, PI, MBA, MA Educational Psychology Yes, it appears schools and universities have a portion of their endowment funds stashed overseas (it is not illegal and several entities may have the same or similar names). See below data taken from the Panama Papers database for examples from these education industry sub-sectors. […]
By: Tonya Mead, CFE, CHFI, PI, MBA, MA Educational Psychology Finally! Some good news from Chicago. Former students of the defunct Corinthian College(s) may be eligible for $11.6 million in student loan debt relief. The other good news is that the hedge fund investing in Corinthian Colleges, Aequitas, is being investigated by the Securities Exchange […]
By: Tonya Mead, CFE, PI, MBA, MA Educational Psychology Runcie, the former Chief Operating Officer, Office of Federal Student Aid, U.S. Department of Education resigned under a cloud bigger than imagined. According to the OIG Inspector Tighe, “improper payments for the Federal Direct Loan program swelled from $1.28 billion in 2015 to $3.18 billion in […]
By: Tonya Mead, CFE, PI, MBA, MA Educational Psychology Senator Warren (D-Mass) has taken the mantle to accuse US Department of ED Secretary DeVos of “helping for- profit colleges swindle students by illegally delaying an Obama-era Department of Education rule” [para 1]. Fraud is fraud. Whether from for profit college, non-profit university, traditional public, public […]
By: Tonya Mead, CFE, PI, MBA, MA Educational Psychology An update to this article are three graphs from the U.S. Department of Education, Federal Student Aid Office which reports upon (in graph format) the trend in student debt defaults. See here trends (graphs) in student financial aid defaults 2012-2018 Trends in student loan defaults Student […]
By: Tonya Mead, CFE, PI, MBA, MA Educational Psychology Computer information systems in the education sector remain susceptible to hacking by insiders and outsiders. Most often for financial gain, and for other times just to change a grade from “F” to “B.” Reasons why the incident at the University of Central Florida raises heightened alarms […]