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Trump wants to cut federal loans from college programs that don't pay off. College cosmetology, fine arts, and music programs are at risk | Fortune

1 articles · 1 outlets · spread 0.00

Trump wants to cut federal loans from college programs that don't pay off. College cosmetology, fine arts, and music programs are at risk | Fortune
higher education2 hr ago

Trump wants to cut federal loans from college programs that don't pay off. College cosmetology, fine arts, and music programs are at risk | Fortune

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  • Fortune·May 3

    Trump wants to cut federal loans from college programs that don't pay off. College cosmetology, fine arts, and music programs are at risk | Fortune

    Colleges and universities may soon have to give students a blunt warning: some of their programs might not pay off. Earlier this month, the Department of Education proposed a new rule that would cut off federal student loan access to college programs whose students earn too little after they graduate. For undergraduate programs, those diploma holders would generally need to earn at least as much as young workers with only a high school degree. For graduate programs, graduates would need to beat a benchmark based on workers with only a bachelor’s degree. In certain cases, programs that fall short could also lose access to Pell Grants. The programs most at risk vary widely and span both traditional four-year colleges and more technical, career-focused institutions. Some are short-term certificate programs, including cosmetology and other vocational training fields. Others are degree programs in areas where graduates often earn less early in their careers, such as music, fine and studio arts, and certain health-related fields. Out of the nearly 20 million post-secondary students, some 95% are enrolled in a program that is likely to pass the earnings test. But, close to 2,000 colleges and universities in the U.S. have at least one program

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May 3, 2026

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May 3, 2026

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