There are a lot of people who are totally shocked when I tell them that the chair of the Senate HELP Committee has proposed a "gainful employment" earnings test for all college programs. This is likely the bill they will advance this year in budget reconciliation.
One big way that grad schools pass a debt/earnings test under Biden's gainful employment and transparency rules is that... only debt that pays for tuition counts. Debt for living expenses is exempt. It's not counted in the debt/earnings tests. That's 30%-50% of the debt.
If you choose the right major, the pay off for liberal arts colleges is actually better. Great piece by @PrestonCooper93@Do Liberal Arts Colleges Pay Off? What the Data Say https://t.co/BGBopP3jPL
@ewarren Are these really employed hard working people? Of their degrees are legit worthless, then cancel those credentials along with the debt. As a taxpayer, I se be reason to pay off the funds used for spring breaks and nice cars.
@EduCounsel I find it sad that those being educated don't have more common sense. Online learning is far more expensive than brick and mortar, and faculty is the same. Are they really missing the education or the partying?
@Cadillac this happened to my CUE system at only 50750 miles and Cadillac won't cover the $1700 repair. Read the reviews, and buy a car from a company that cares. #mylastcaddy
It's finally here: our 2019 CASE-NAIS Independent Schools Conference! Follow the #casenais hashtag for takeaways and fun from Philadelphia. Here's what's on the program: https://t.co/4deAmZXs5p #indyschool#education