This is fake news at its finest.
First off, we’re not ‘banning’ any program. The federal government doesn’t set curriculum or programs.
Here’s the truth: we are holding colleges accountable for leaving students worse off than if they never enrolled. Too many graduates report delaying major life milestones like buying a home or starting a family. Why? Because low return-on-investment programs saddled them with unmanageable debt that was never going to translate into a real-world job.
Federal student loans are not a welfare program for failing college programs. American students deserve education and training pathways that prepare them for the workforce – and transparency about programs that will never pay off.
$NUAI MASSIVE NEWS AND 35% GAIN
$NUAI subsidiary TCDC PowerCo signed a 20-year PPA with Luminant, a Vistra affiliate, for a minimum of 200 MW and up to 207 MW for Phase 1 of the Texas Critical Data Center project.
Power comes from Vistra's 1,180 MW gas plant in Odessa, which sits immediately next to the site. The term renews automatically in one-year increments after the initial 20 years, and delivery is expected in Q3 2027.
That is about 17.5% of the plant's nameplate capacity, locked up for two decades.
The equity kicker is the real signal.
Once power delivery starts, Vistra receives a 5% non-voting interest in the portion of the project it powers. Vistra also gets a right of first refusal on future development at TCDC and a right of first offer on some of New Era's other projects.
A $50B+ IPP is taking project equity instead of just selling electrons. That aligns the counterparty, but it also means Vistra holds the option on every future phase.