LAC Vol.2 New Fraqqle Rock thread

Law Abiding Citizens second volume.
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Donald Trump is making major changes that will ban colleges from the Federal Student Loan Program and all federal financial aid if the programs at that college don't pass the earnings test“

They are putting together a new earnings threshold test that says Bachelor degree program graduates have to earn more than the median high school graduate in your state 4 years after graduation.

And when it comes to grad school programs, they have to earn more than bachelor's degree graduates for that same type of field in that state within 4 years after their graduate school program. If the school program fails this test for 2 years in a row, they will lose access to federal Fi, federal student loans.

And if more than 50% of the school's programs fail this test, they lose access to all types of federal financial aid programs.”

Here’s what that really means Colleges can no longer have programs that do not deliver positive financial outcomes for their graduates

The goal is to stop federal taxpayer subsidies via loans and grants for programs that leave graduates financially worse off or no better than if they had skipped college This is common sense legislation and a huge win for everyone
 

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