That provision focused government oversight on for-profit colleges, sanctioning programs that produced students with high debt loads and little income after graduating. The requirements are designed to offer an unprecedented look at the debt and earnings of students after they graduate. Some higher-education experts, and Republicans, have said the Obama plan gave a pass to public schools. Some states, such as Virginia, have been collecting student-debt and earnings data by major for years. Among 22 schools with a psychology program, graduates from 18 on average failed to meet the 8% debt-to-income ratio.

Source: Wall Street Journal August 01, 2018 11:05 UTC