Episode Details

Colleges face a new federal earnings test: if grads don’t earn more than those with no degree—or if grads earn less than bachelor’s holders—programs could lose federal loan access. Aimed at ensuring taxpayer money funds programs that boost financial outcomes, the rule threatens arts, early childhood, and even some music programs, despite their cultural and social value. While most programs likely pass, hundreds of thousands of students in at-risk programs may be affected, especially at for-profits. The rollout is gradual, but the long-term impact on careers measured beyond salary could reshape higher education—and our cultural landscape.

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