Episode Details

Back to Episodes
Graduates Face Loan Cuts Over Earnings | San Diego News

Graduates Face Loan Cuts Over Earnings | San Diego News

Published 1 month ago
Description

Starting this month, U.S. colleges face a new federal mandate: graduates must earn at least the median wage of high school diploma holders in their state or risk losing federal loan access. The rule covers everything from vocational certs to four-year degrees, hitting for-profit schools hardest—but even some arts programs at public universities are falling short. Schools have until 2028 to comply, or students could be cut off from loans. Educators are split—some support accountability, others say the benchmark ignores the long timelines and non-monetary rewards of creative careers. Cosmetology schools are pushing back, claiming self-employment and unreported tips skew earnings data, earning them an extra year to comply—pushing their deadline to 2029. This marks a major push for ROI accountability, backed by Congress and harder to dodge than past attempts.

Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/711915864ade5566

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us