Trump Education Rule Ties Loans to Graduate Earnings
The Spin
Democratic narrative
Deciding who deserves a college loan based on a paycheck four years out treats teachers, social workers, artists and clergy as worthless. Communities drowning in overdoses, homelessness and understaffed classrooms need those graduates far more than they need a spreadsheet's approval. Locking working-class kids out of meaningful callings is a wealth test on ambition.
Republican narrative
Taxpayers have no business underwriting programs that leave graduates poorer than if they'd skipped college entirely. With defaults and delinquencies climbing across a $1.7 trillion loan portfolio, a modest earnings test is the least that should be asked of any school taking federal money. Holding every sector to the same standard finally ends the shell game and protects students from crushing debt.