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Posted on 07/07/2026 4:20:20 AM PDT by DFG
Students will no longer be able to take out federal loans to pay for degree programs that fail to provide them a return on investment, thanks to a new federal policy that went into effect on July 1.
And it’s about time.
It’s a response to a shocking fact: Graduates of more than 800 college programs across the country — including at institutions like the University of South California and New York City’s New School — make less than the average high-school grad four years after getting a degree, despite all that time, effort and tuition money.
Now the American government will have no part in propping up degree programs that may not even lead to a livable wage. A provision of the Big Beautiful Bill cuts them off from federal aid access if they can’t break the non-grad salary baseline.
Programs that fail the test for two out of three consecutive years will no longer be able to bury kids in debt — at least not on the taxpayer’s dime.
These Big Beautiful Bill revisions represent “the biggest set of changes to financial aid in decades,” according to Robert Kelchen, head of the Department of Educational Leadership at the University of Tennessee, Knoxville. And change is much needed.
Teens and twentysomethings should be protected by the federal government from making a catastrophic financial decision, like taking on debt to finance a degree that ultimately could decrease their earnings potential. But until now the government has been enabling those decisions by underwriting loans without regard to the value of the investment.
“It makes complete sense from a student perspective and also from a taxpayer perspective [to stop giving] money to programs that leave students financially worse off,” Michael Itzkowitz, president of the HEA Group, said.
(Excerpt) Read more at nypost.com ...
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From here on out, if you want to major in Lesbian Dance Theory, you’ll have to pay for it yourself.
halleluiah, I have bene screaming for something like this for years.
My idea was to look at the base earning potential of any degree and require the college to provide a clear plain language financial report of the impact and earning to debt incurred.
After that any degree that could not reasonably pay off the loan in under 5 years (10 for something more serious like a dr or real stem program) would not be eligible for a loan.
On the down side do we want all these people as engineers and doctors instead?
Hopefully, we will need many, many fewer grossly over paid PhD Professors of “Indoctrination “.
Most of them lack the intellect to survive freshman year in a "real major".
I am a liberal arts major (English).
The liberal arts are not, and never have been, intended to generate ROI. Anyone who has been told that has been lied to.
The classics are not “worthless” because they do not generate ROI. Properly understood, and properly taught to good candidates, they create better people.
I got into an argument with a lady that had a racial studies master’s degree from UCLA. She set me straight I tell you. Apparently, you cannot be racist against white people.
The ignorance some of these degrees teach is amazing. You cannot argue with them even if you copy and paste the definition for them to read. She actually told me the dictionary was wrong and she was right because well she had a master’s degree by golly.
“””The liberal arts are not, and never have been, intended to generate ROI. Anyone who has been told that has been lied to’”””
And it is perfectly fine to get a degree in liberal arts. But it is wrong when you saddle someone with a debt that they cannot afford to pay off. And it is wrong to use taxpayer money to pay for it. It should be paid for by private grants not off the forced labor of someone other than the recipient of the degree.
Doesn’t matter. Today’s ‘grads’ simply guided AI through their degrees. They themselves didn’t read a single book. Many universities have done away with tests and grades.
When they come out, they’re just as ignorant as when they went in.
It’s a start. But the Feds shouldn’t be doing this at all.
L
It IS about time.
We should not have been paying for these expensive day cares for adult children in ANY case.
A traditional liberal arts degree that can prepare you for a teaching position (even via alternative certification should still meet the new qualification criteria. Same goes for degrees qualifying a person for adjunct status. Many manufactured “studies” degree program will not.
“The liberal arts are not, and never have been, intended to generate ROI.”
While I agree that such a degree is required for teaching, if any of the jobs you can get cannot pay the bills *and* pay down your student loan, you may want to consider an additional field that does.
The reason this for the exotic flora of “study” degrees. The acceptance of the debasement of normal arts and humanity degrees is to increase the number of minorities and women on campus and in the faculty lounges.
College\university presidents and governing bodies are now willing to tolerate anything on campus to avoid an incident like the Cornell U 1969 Willard Hall takeover. Moral cowardice is one of the chief qualities of the modern college\university president.
See Thomas Sowell’s on site (Cornell faculty member then!) description of the event.
**Properly understood, and properly taught to good candidates, they create better people.**
You’re on to something. I went to the university on the GI Bill. Parked myself there for 4 years. Wasn’t ready for employment. It turned out ok-that was the deal.
Perhaps the government should pay for STEM courses while making the students pay out of their pocket on the other ‘requirements’. Make the degree 3 years.
Her attitude about knowledge sums up what so many in our culture believe. Namely “everything is true as long as you believe it to be true.”...
Protagoras, the ancient pre-Socratic Greek philosopher, believed that “man is the measure of all things” meaning that each persons life, information, and experiences teach them how to understand things. Relativism writ large. Not entirely true, to say the least
No worries. They won’t get past trig and calculus. Much less Physics101.
Universities could drastically reduce tuition by firing administrators. Also tons of money can be saved by scaling back the amenities that make campus’ 5 star resorts. College living should be a Spartan existence. Leftists should complain about the astronomical salaries paid to the professors and college executives as well.
I read Article I, Section 8 this morning.
Didn’t see one word about student loans for any purpose whatsoever, much less any degree that doesn’t earn more than a high-school graduate does.
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