"The Trump administration wants to streamline its existing higher education accountability measures with a new earnings test, holding all postsecondary programs to the same standard-regardless of the certification level or institution type involved. But doing so could water down an existing accountability measure for certificates and for-profit programs. About 6 percent of programs over all would fail the earnings test, and those enroll about 650,000 students who receive federal aid, according to department data."
"Of those students, more than half attend a for-profit institution. Under a new policy proposal, released by the Department of Education late last week, undergraduate programs would be required to show that on average their graduates earn more than a working adult with a high school degree. (The same standard applies to master's and doctoral degrees, but they will be compared to the earnings of someone with a bachelor's degree.)"
The administration proposes a single program-level earnings test that would require undergraduates to earn more than a working adult with a high school degree and graduate degrees to exceed bachelor's earnings. Programs that fail the earnings standard for multiple years could lose access to all federal loans. Approximately 6 percent of programs would fail, affecting about 650,000 students who receive federal aid, with over half attending for-profit institutions. Congress created the earnings test but exempted certificates. Department officials plan to rewrite gainful-employment rules for nondegree and for-profit programs and move through negotiations, public comment, and finalization before July 1.
Read at Inside Higher Ed | Higher Education News, Events and Jobs
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