How Wealthy Families Exploit Financial Aid Loopholes In Illinois

U of I campus
A spring day on the University of Illinois Chicago campus. Marc Monaghan / WBEZ File Photo
U of I campus
A spring day on the University of Illinois Chicago campus. Marc Monaghan / WBEZ File Photo

How Wealthy Families Exploit Financial Aid Loopholes In Illinois

A new ProPublica Illinois investigation found that dozens of wealthy suburban families surrendered custody of their children in order to qualify for need-based financial aid.

Morning Shift talks to reporters Melissa Sanchez and Jodi Cohen for more on how parents are able to game the financial aid process in Illinois and what local and federal officials are doing to close the legal loophole.

GUESTS: Melissa Sanchez, ProPublica Illinois reporter

Jodi Cohen, ProPublica Illinois reporter

LEARN MORE: Parents Are Giving Up Custody of Their Kids to Get Need-Based College Financial Aid (ProPublica Illinois 7/30/19)

U.S. Department of Education Wants to Stop “Student Aid Fraud Scheme” Where Parents Give Up Custody Through Dubious Guardianships (ProPublica Illinois 7/30/19)