Rating colleges by grads’ pay isn’t easy

If colleges and universities are judged by former students’ earnings, community colleges will look bad, a dean writes. When community college students go on to a bachelor’s degree, the two-year school gets no credit for their success.

Negotiators are trying to reach consensus on “gainful employment” regulations. The federal rules will deny student aid to job training programs whose graduates don’t earn enough to pay back their loans.

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