Financial Aid Scams: ‘Ghost Students’ Transition From Disappearing to Graduating
Excelsior University leaders Lizz Petroski, executive director of student financial services, and Sarah Egerton, director of risk management and internal audit, were interviewed in an article on Investopedia titled, “Financial Aid Scams: ‘Ghost Students’ Transition From Disappearing to Graduating.” Petroski and Egerton discuss “ghosts students”—fraud rings exploiting admissions and financial aid processes and creating financial, operational, and reputational risk for higher education institutions—and detail how Excelsior has addressed and mitigated this issue.
