Federal Student Loan Applicants to Be Warned About Colleges With Low Graduate Earnings

Updated federal data indicate that average incomes from degree and certificate-granting institutions range from $10,985 to $139,211.
Federal Student Loan Applicants to Be Warned About Colleges With Low Graduate Earnings
New graduates toss their hats in the air at their commencement ceremony at Wesleyan University in Middletown, Conn., on May 27, 2018. Eduardo Munoz Alvarez/Getty Images
|Updated:
0:00

The Free Application for Federal Student Aid (FAFSA) process now informs applicants of their post-graduation earning potential based on data from colleges and universities, Department of Education Secretary Linda McMahon said Monday.

Upon completion of the FAFSA form, which students use to apply for federally administered grants and loans, applicants will receive key financial information on each of their selected higher education learning institutions, including a disclosure if the average earnings of a school’s graduates are below that of the average high school graduate.

Aaron Gifford
Aaron Gifford
Author
Aaron Gifford has written for several daily newspapers, magazines, and specialty publications and also served as a federal background investigator and Medicare fraud analyst. He graduated from the University at Buffalo and is based in Upstate New York.