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 Department of Education proposed a new rule stripping federal loan eligibility from undergraduate programs that fail to provide graduates with higher earnings than a high school graduate.
Thirty percent of America's recent public college graduates failed to earn a positive ROI within 10 years of graduation, according to new findings from Strada Education Foundation.