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Home – Higher Education News – Trump’s Student Loan Rules Finally Hold Higher Education Accountable. The Left Is Furious.

Trump’s Student Loan Rules Finally Hold Higher Education Accountable. The Left Is Furious.

The Trump administration put some reasonable limits on federal student loans, and the Left is having a fit about it.

According to a Department of Education rule finalized in July, schools will now need to prove that their degrees are paying off for students to ensure that they remain eligible for federal funds.

The rule change was finalized in July but has only now gone viral. That’s likely because schools must report loan data at the beginning of October.

In my mind, the Trump administration’s policy is a necessary course correction. It’s especially important because of the explosion of direct student loans under President Barack Obama. America is awash in bad student loans that many young Americans struggle to pay off.

The administration’s policy change does two things.

One, it allows the federal government to be a better steward of taxpayer dollars. This is a very rare “W” on that front, let’s be honest.

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Just as importantly, the new rule partially defunds both the institutions that are outright scamming students or are, even more perversely in my book, simply funding their unpopular ideological agenda through heaping helpings of public money.

Reasonable people may disagree about how much students are complicit in the explosion of student loan debt in America. But it didn’t happen in a vacuum, and it isn’t merely because millennials and zoomers are just that much more irresponsible than their predecessors.

This system of vast student loan debt and government entanglement, and higher........

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