POLITICSCALMATTERS
A new law holds colleges accountable if their grads don’t earn more than $36,000 a year
A new U.S. law requires colleges to demonstrate that graduates earn at least the median wage of high school diploma holders ($36,000 annually in California) to maintain federal loan eligibility. About 300 California programs, including cosmetology, arts, and theater, may fail this threshold, with most failing programs at for-profit colleges and some community colleges and universities.
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