Pour one out for the cosmetology students tonight Trump's Education Department just finalized a rule that ties federal student loans to what graduates actually earn. If an undergrad program's grads don't out-earn people with just a high school diploma, the program loses access to federal loans. Master's programs have to beat the typical bachelor's degree holder.The fields most likely to fail include:CosmetologyMassage therapy and bodyworkCulinary artsMedical and dental assistingReligious studiesSocial work and mental health counselingFine and studio artsMusicGraphic designEnglish literatureEarly childhood educationAbout 95% of programs are expected to pass. But the ones that don't enroll around 644,000 students and receive about $2.7 billion in federal loans every year. The first earnings check happens in 2027, and the first cutoffs start in the 2028–29 school year.A degree used to be the safe way to build a future. Now it's not guaranteed. Thousands of Americans are building wealth automatically on Autopilot, no matter what their diploma says."Autopilot" refers to Autopilot Holdings Corp and Autopilot Advisers, LLC, an SEC-registered investment adviser. Information is provided by Autopilot for educational and illustrative purposes only. View important info at joinautopilot.com/disclaimer.View all 10,521 comments