A new law holds colleges accountable if their grads don’t earn more than $36,000 a year

A new law in California mandates that colleges demonstrate graduates earn more than someone with just a high school diploma or risk losing federal loan access. This could affect around 300 programs, especially in cosmetology and arts, where earnings often fall below $36,000. This measure aims to ensure higher education provides a tangible financial benefit, pushing institutions to rethink their curriculums and focus on employability. It's a significant step in addressing the broader issue of student debt and the value of a college degree.