DOE Finalizes Rule Targeting Low-Income College Programs
· Texas Border Business
The U.S. Department of Education has finalized a new rule under the Student Tuition and Transparency System (STATS) and Earnings Accountability framework. This rule mandates that undergraduate programs prove their graduates earn more than typical high school diploma holders, while graduate programs must show their graduates earn more than typical bachelor's degree holders. Programs failing to meet these standards for two out of three years risk losing eligibility for federal Direct Loans and Pell Grants. The rule aims to enhance accountability in higher education and ensure taxpayer dollars support programs that provide a reasonable return on investment.
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