The Department of Education said on Monday that about one in four career-training programs at U.S. colleges is at risk of losing federal funding, Bloomberg News reported today. The Education Department evaluated typical student debt and earnings information for some 1.2 million recent graduates across 8,637 such programs. About 95 percent of 2,042 at-risk vocational programs are at for-profit colleges, the department said. They range from law schools and master's degree programs to undergraduate certificates. More than 800 career-training programs across 296 schools produced graduates who recently left school with loan payments exceeding either 30 percent of their annual discretionary income or 12 percent of earnings, government data show. Read more.
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