Protects students by blocking federal funds for programs that don't lead to required job licenses or good earnings.
This bill would protect students by stopping federal money from going to college programs that don't prepare them for required job licenses or lead to good earnings compared to their debt. It would make colleges ensure their programs fully qualify students for their chosen careers and meet new debt-to-earnings standards. This means students would get clearer information and better value for their education.
Today, some college programs, including online ones, might not fully prepare students for state job licenses. Others could leave them with high debt compared to their earnings, without clear consequences for the colleges. This bill would change that by stopping Federal education assistance funds from going to programs that don't fully qualify students for licensure. It would also stop funds for programs that repeatedly fail new debt-to-earnings standards, meaning loan payments are 20% or more of discretionary income, or 8% of total income. It would also require colleges to be legally approved in every state where their online students live.
S 5021 · 119th Congress · July 16, 2026 · AI Summary by gemini-2.5-flash · 10/10
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