TRUMP ADMINISTRATION TIES SCHOOLS' FEDERAL LOAN ACCESS TO EARNING POWER OF GRADUATES

The U.S. Education Department said on Monday it was finalizing new federal student ‌loan rules that would tie schools' federal loan access to the earning power of graduates, marking the Trump administration's latest pressure on colleges and universities.

"Under the new Student Tuition and Transparency System (STATS) and Earnings Accountability rule, undergraduate programs ​will be required to demonstrate that their graduates earn more than the typical high ​school diploma holder, and graduate programs will be required to demonstrate that their ⁠graduates earn more than the typical bachelor's degree holder," the Education Department said in a statement.

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