President Obama targeting fraudulent loan marketing to vets

President Barack Obama is signing a wide-ranging order on Friday that addresses growing complaints about fraudulent marketing and recruiting practices aimed at military families eligible for federal education loans under the GI Bill.

FILE - In this April 18, 2012 file photo, President Barack Obama speaks at Lorain County Community College in Elyria, Ohio. In a rebuke to the Obama administration, government auditors are calling for the cancellation of an $8 billion Medicare program that congressional Republicans have criticized as a political ploy. (AP Photo/Carolyn Kaster, File)

WASHINGTON (AP) - The White House wants to trademark the term "GI Bill" as it seeks wider protections for veterans and military families swindled or misled by for-profit schools.

President Barack Obama is signing a wide-ranging order on Friday that addresses growing complaints about fraudulent marketing and recruiting practices aimed at military families eligible for federal education loans under the GI Bill.

The president and first lady Michelle Obama are expected to talk to troops at the Fort Stewart Army post in Georgia. Obama is set to sign an executive order during the visit that mandates several new education protections for military service members.

The new protections would make it harder for post-secondary and technical schools to misrepresent themselves to military students.


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