A new Trump administration rule could leave some college programs unable to offer federal student loans if their graduates don't meet specific earnings benchmarks. Programs in fields such as social work, art, religious studies, teaching, music and cosmetology could be among those most affected, with for-profit programs also expected to face a significant impact.
Under the rule, the Education Department will use earnings data to compare graduates' incomes with those of people with similar education levels. Programs that repeatedly fall short of the required benchmarks could lose access to federal student loans beginning in 2027.
Supporters say the policy will hold colleges accountable for students' financial outcomes, while critics warn it could make it harder to enter lower-paid fields that still provide essential services.
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