Building on the College Scorecard program it launched last year, the U.S. Department of Education announced today that it may soon start providing “cautionary indicators” to warn students about potentially problematic schools. While the government didn’t provide specifics about the warnings, college representatives and former Obama Administration officials said the red flags might include low student loan repayment rates, troubled finances, or programs whose graduates end up in low-paying jobs. Currently, the department only issues warnings about colleges facing severe financial difficulties. It has not said when the new changes might go into effect.
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