Feds offer students new protections against programs that lead to high debt, low pay
NPR Online NewsMAY 2023
Though it's taken far too long to materialize, this policy is a huge win for both students and taxpayers. Through false claims suggesting that the new rule would harm marginalized groups, the higher education lobby has for decades blocked federal attempts to guide vulnerable students through the expensive world of university studies. This lie will be exposed after students begin switching from dead-end industries to profitable ones.
The debt-to-earnings formula cited by the government to push its gainful employment rule is flawed, including failing to include factors other than a school's quality that affect someone's earnings. Schools — even for-profit ones — want their students to succeed as much as anyone, and this rule will only hinder student success.