"The Department of Education issued a proposal for a new accountability system Monday that it claims will 'break the cycle of low return on investment for students and taxpayers,'" The EDU Ledger reports.

... "Under the One Big Beautiful Bill Act, or OBBBA, the new accountability framework is set to take effect on July 1, which means the first earnings premium calculations under the new rule will be released by July 1, 2027, notes the National Association of Student Financial Aid Administrators, or NASFAA. 'Because programs only lose Direct Loan eligibility if they fail the metric in 2 of 3 consecutive years, the earliest a program could lose eligibility is July 1, 2028,' NASFAA states. 

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 4/20/2026