Colleges with low-earning grads could lose access to student loans. Here’s why

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Some college programs whose graduates earn less than workers with only a high school diploma could lose access to federal student loans under the Republicans’ “Big, Beautiful Bill” act, a change that could impact about 40,000 U.S. college students, according to a recent analysis.

About 2% of U.S. associate and bachelor’s degree-granting programs are at risk under the new provision, called “do no harm,” which takes effect in July, according to research from the HEA Group, a higher-education research firm.

The provision, part of the GOP tax and spending law’s overhaul of student loans, requires programs to show that graduates earn more than high school graduates. College arts, religion and trade programs such as cosmetology are the most likely to be cut off from federal student loans, according to HEA.

Read more at CBS News.

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