Source: Cato Institute
by Andrew Gillen
“One of the best parts of last year’s reconciliation bill was the introduction of an accountability rule called the Do No Harm rule that will cut off student loans for programs where students earn too little after graduation. The bar is very low. For undergraduate programs, graduates will only need to earn more than a comparable high school graduate who did not attend college, and for graduate programs, students need to earn more than those with a bachelor’s degree. Programs that fail to meet this benchmark for two out of three years would lose access to the federal student loan programs. Nevertheless, there are many programs that do not clear this very low bar.” (05/20/26)
https://www.cato.org/commentary/cosmetology-schools-want-rules-trimmed-back