The new gainful employment and financial value transparency rules fundamentally change the way the federal government decides which college programs deserve access to federal financial aid. Instead of assuming that anything offered by a college has inherent value, the government is now asking a more pointed question: Does this program actually improve a student’s economic future compared to what they could earn with a high school diploma or a short-term workforce certificate? Under these rules, colleges must show evidence that their graduates earn more than typical high school graduates and more than those completing equivalent certificates that are often available through high school CTE, workforce boards or industry credentialing bodies. Programs that cannot demonstrate this “value add” are now at risk of losing eligibility for Pell Grants, federal loans and work-study.
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