Hundreds of Colleges Saddling Students With Unaffordable Debt, Feds Say

About one in four career-training programs at U.S. colleges is at risk of losing federal funding, the lifeblood for most schools, the Department of Education said on Monday. In a news statement, the department disclosed for the first time the number of recent graduates saddled with potentially unmanageable debt. The figures are part of the package of rules known as the gainful employment regulations, which attempt to measure whether graduates of career-training programs end up earning enough to afford their student debt.
Read more: https://www.bloomberg.com/news/articles/2017-01-09/hundreds-of-colleges-saddling-students-with-unaffordable-debt-feds-say?source=Snapzu