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63
The Department of Education cuts loan eligibility for college degree programs yielding low earning jobs. (justthenews.com)
posted 2 days ago by BerlinWallCrosser 2 days ago by BerlinWallCrosser +63 / -0
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Comments (14)
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▲ 4 ▼
– LoneWulf 4 points 2 days ago +4 / -0

I guess some colleges will just have to drop their tuition rates if they want to continue to offer these low-wage degrees.

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– TechGeek 1 point 2 days ago +1 / -0

I don't think that is feasible. Most degrees will not meet the criteria, since they are basically worthless. Pell grants will not be able to fill the void.

Think about how low the tuition would have to be for people to not need any loans to pay for 4 or 5 years of college... that is not going to happen.

If this sticks (and the people evaluating the criteria don't blatantly cheat), this would probably end universities as we know them.

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▲ 2 ▼
– LoneWulf 2 points 2 days ago +2 / -0

And, this would be a bad thing?

College isn't the only route to a satisfying and well-paying career.

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▲ 1 ▼
– TechGeek 1 point 2 days ago +1 / -0

Who said it would be a bad thing? People's reading comprehension is really lacking. The only thing I am worried about is that the rules won't stick, or that the people evaluating the various degrees will cheat so they would still qualify for loans.

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▲ 2 ▼
– Retaining_H2O 2 points 2 days ago +2 / -0

Where will we get our nation's future philosophers, rap artists or underwater-basket-weavers if they can't get college degrees?

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▲ 1 ▼
– BerlinWallCrosser [S] 1 point 2 days ago +1 / -0

All that can be self taught.

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– Wearestillfree 1 point 2 days ago +1 / -0

They can go to college for the college experience and not have to repay student loans.

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▲ 2 ▼
– RadiantPatriot 2 points 2 days ago +2 / -0

This is what I voted for

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▲ 2 ▼
– Dvan515 2 points 2 days ago +2 / -0

This is long overdue

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▲ 2 ▼
– Irishman4Trump6 2 points 2 days ago +2 / -0

Now each University Foundation will increase their Development Officers quotas to raise more money for Student Scholarships.

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▲ 1 ▼
– BornSameMonthAsTrump 1 point 1 day ago +1 / -0

Considering companies want to eliminate entry level jobs but keep entry level pay, I'd say most things are low wage. That's even if you can get a job these days. Not to mention the fake job listing companies use just so they can report growth. Not the best time to be college age.

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– Jtkirk5598 1 point 22 hours ago +1 / -0

This is a first step in much needed economic analysis of what these degrees yield from a NPV perspective.

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▲ 1 ▼
– TaQo 1 point 1 day ago +1 / -0

Laughs in Garlic Bread Expert 😁

u/#enjoythestorm

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▲ 1 ▼
– Tynyyn 1 point 2 days ago +1 / -0

They can still get Pell grants. Butt hurt libs are scared they won't get college aid for wanting to study rainbow flag education. Go figure.

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