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) that mandates accountability for college programs. Undergraduate programs must prove their graduates earn more than typical high school diploma holders, while graduate programs must show earnings above those with bachelor's degrees. Failure to meet these standards for two out of three years could lead to loss of federal Direct Loan eligibility. The rule aims to ensure that taxpayer dollars are not used to support programs that do not provide a reasonable return on investment for students. Implementation of some provisions will be delayed for specific programs.
AI summary · Source: Texas Border Business →
