Post-secondary education is an investment that should leave students financially better off. However, reducing a college education to early-career earnings data is economically misguided.
Federal officials argue that capping graduate loans will pressure postgraduate programs to rein in tuition and shrink the nation's trillion-dollar student debt load.
The dominant metaphor for colleges of education is a pipeline. Candidates enter, complete preparation, and exit into schools. That model is no longer sufficient.
Trump's FY27 proposal marks the White House's latest attempt to remodel higher education, as the president's proposal would apply Pell Grants to short-term workforce credentials
