The Trump administration is pulling back federal student loans for cosmetology schools — and it’s a great opportunity for states to stop forcing aspiring beauticians to take on debt just to practice their trade.
Under the administration’s proposed “Do No Harm” rule, colleges and trade schools can no longer enroll pupils using federal student loans if their graduates earn less than early-career workers with only a high school diploma. The logic is that postsecondary education should, at a minimum, make people better off than those who never went to college. If graduates can’t clear this basic benchmark, they are unlikely to be able to afford their loan payments.
Real journalism.Trusted by millions.
Unlimited access to in-depth reporting, expert analysis, and the stories that shape our country.
Already a member? Log in