I wanted to write about a new rule that I saw covered in my local news, though it doesn’t appear that anyone has covered it from a national outlet: the U.S. Dept of Education just issued a rule that all undergraduate programs–that’s public and private colleges and universities–will be required to prove to the DOE that their graduates are earning more than the average high school diploma holder. If they fail to show it for two out of three years, they will no longer qualify for the federal Direct Loan Program. If they fail three years in a row, the DOE could terminate the school’s eligibility for Title IV of the Higher Education Act, which authorizes schools and programs to give students financial aid. What they are trying to prevent is students who are poor, working class/middle class, or upper middle class but not wealthy enough to pay for a college degreee at a four-year institution, from attending colleges and universities that will not set them up to pay back their student loans or earn enough to have a better life for having attended the university. I think it’s amazing. Anyone who tries to undo this rule by advocating that the DOE be restored/changed back once Trump is out of office ought to be terminated from their role in law, Congress, or the government. Colleges and graduate programs (there is a rule for graduates of grad schools earning more than people with college degrees) need to be on the line for all of this.
Leave a comment