Under a new federal rule, colleges must leave grads better off or lose financial aid

Under a new federal rule, colleges must leave grads better off or lose financial aid

The U.S. Department of Education began implementing a new accountability measure this month that will evaluate whether undergraduate and graduate programs leave their students financially better off than individuals who never attended college. Programs will be denied access to federal student loans if their graduates fail to meet minimum earnings thresholds for two consecutive years out of three, with the first earnings calculations scheduled fo…