Beauty school belongs in Trump’s higher education success story
The One Big Beautiful Bill Act, championed by President Trump, aims to eliminate federal loans for degrees that do not provide a return on investment. However, its implementation could inadvertently harm aspiring cosmetologists by restricting access to small loans necessary for their education. This move could disproportionately affect women in the beauty industry, which is projected to grow in the coming years.
- ▪The One Big Beautiful Bill Act seeks to stop federal loans for degrees with low earning potential.
- ▪Cosmetology loans represent only 0.5% of the government student loan portfolio, with average debts significantly lower than those of traditional undergraduate students.
- ▪The Department of Education's plan could lock out 93% of cosmetology schools from federal funding, impacting many aspiring women in the field.
Opening excerpt (first ~120 words) tap to expand
The One Big Beautiful Bill Act, President Donald Trump’s signature legislation, contains a provision to stop universities from being able to receive federal loans for degrees that don’t pay off, sparing students and taxpayers alike from having to foot the bill for useless majors — part of why the act is also known as the Working Families Tax Cuts. Unfortunately, the Department of Education’s implementation, as it stands, could hurt the very working families it’s intended to help by accidentally going after cosmetologists rather than laser-focusing on colleges with bloated budgets that charge $400,000 for grievance studies degrees.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Washington Examiner.
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