Comment on Trade schools have to find grads jobs, or lose financial aid

Trade schools have to find grads jobs, or lose financial aid

New rules are now in effect for any school with a career-training program. Graduates have to be able to earn enough money to repay their student loans, or a school risks losing access to financial aid. In general, annual loan payments shouldn't exceed 20 percent of a graduate's discretionary income or 8 percent of total earnings.

 

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