Under federal rule, colleges must leave grads better off or lose financial aid
The US Department of Education has introduced a new rule requiring colleges to prove that their graduates are better off financially after attending their institution. If the college fails to meet this requirement, they risk losing federal financial aid. This change aims to hold colleges accountable for the debt burden placed on students. Colleges must now track and report student outcomes, including loan repayment rates and career success. This shift in policy may impact college enrollment and financial aid availability.