The VA Office of Inspector General (OIG) has issued the latest in a series of five audits charging that the Department of Veterans Affairs’ oversight failures could potentially lead to $2.3 billion in GI Bill money going to ineligible for-profit schools over the next five years.
The latest OIG report released Monday focused on poor monitoring of state officials — called State Approving Agencies, or SAAs — by the Veterans Benefits Administration “to ensure only eligible programs participated” in post-9/11 GI Bill student education and training.
The report found that an astounding “86 percent of SAAs did not adequately oversee the education and training programs” to make sure the schools had proper accreditation. The VBA’s failure to monitor the SAAs contributed to the problem, it added.