Trump Moves to Cut Off Student Loans for Tons of Degrees
Trump Moves to Cut Off Student Loans for Tons of Degrees
Under a new rule, if your degree doesn’t make enough money, you won’t be able to get a student loan.
President Trump is banning students majoring in degrees that don’t make enough money from taking out college loans.
The Los Angeles Times reported Wednesday that the Education Department has finalized a rule that will force schools to prove that the loans students are taking out are paying off.
Degrees for social work, art, religious studies, teaching aides, and music, and cosmetic certification programs will be hit the hardest. For-profit programs will also be hit particularly hard.
While the Trump administration is framing the policy as “accountability” for higher education, and some are welcoming the move, others see it as an attack on those whose work is important regardless of salary.
The Education Department intends to use IRS data to determine students’ salaries four years after they graduate and compare them to those of people similar in age who just have high school diplomas. If they’re below that baseline, that degree will be ineligible for loans.
“We need social workers,” Mitchell said. “Whether it’s the fentanyl epidemic or homelessness in L.A., we need people who can work on the street with people who need it the most,” American Council on Education Ted Mitchell told the Times.
Even some on the right are concerned.
“The government shouldn’t punish people who pursue socially valuable callings just because in its judgment they don’t earn enough money,” said Gregory Baylor, senior counsel at Alliance Defending Freedom, a Christian nonprofit that the Southern Poverty Law Center lists as a designated hate group.
“In certain fields of study, especially in the humanities, whether or not that program has been successful and has done a really good job in its educational mission might not be all that directly tied to immediate earnings potential,” added Stanford professor Jonathan Gienapp.
The policy will be implemented in 2027.
Clip & Save: Trump Says People Are “Begging” to Live Near Data Centers
Donald Trump made the claim while announcing an unenforceable and voluntary “ratepayer protection pledge.”
President Trump thinks that Americans against data centers are being duped by foreign propaganda and that in reality, there are a lot of people who want to live near them.
“Other nations are trying to get us to slow down” regarding data center construction, Trump said at the Environmental Protection Agency Thursday afternoon. “They’re spending a lot of money on propaganda, on press, P.R., trying to convince everybody that this isn’t a positive thing, and if we don’t do this, we’re going to be left behind.”
“You have some communities that really want this, this isn’t all negative stuff, you have communities that really want the data centers, and frankly those are the smart communities because it means a tremendous numbers of jobs, very little actual disruption,” Trump said.
Trump on Data Centers in Communities: Other nations are spending a lot of money on propaganda trying to convince everybody that this isn't a positive thing. You have some communities that really want the data........
