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The new rules, which would take effect no sooner than July 2024, apply only to for-profit colleges and to non-degree programs at traditional universities. They would assess programs based on whether graduates carry heavy student debt compared to their earnings and whether graduates earn more than adults with only a high school diploma.
Programs that come up short in two out of three years would be cut off from federal aid, devastating schools that rely on students who use federal financial aid to pay for tuition.
https://apnews.com/article/private-college-debt-gainful-employment-1aa8f695f75d20f2cc6a5d18654808f6
Programs that come up short in two out of three years would be cut off from federal aid, devastating schools that rely on students who use federal financial aid to pay for tuition.
https://apnews.com/article/private-college-debt-gainful-employment-1aa8f695f75d20f2cc6a5d18654808f6