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Trump Administration Addresses Plan to Cut Student Loans for Some Degrees

"Federal student loans are not a welfare program for failing college programs," the Education Department said on social media.

  • Department of Education denies Trump administration's plan to ban student loans for certain degrees.
  • New rule holds colleges accountable for students' financial outcomes, not banning programs.
  • Approximately 5.2% of programs could fail, impacting 4.2% of federal loan recipients.

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