President Donald Trump’s Department of Education (ED) launched a new tool on Monday aimed at informing students about their post-graduation earning potential before they take on student loan debt.

The new “ earnings indicator ” has been added to the Free Application for Federal Student Aid (FAFSA) process and uses existing ED data to tell students the average post-graduation earnings of a prospective college or university.

“More than half of all Americans now say a college degree is not worth the price, and total outstanding student loan debt is approaching $1.7 trillion. Families deserve a clearer picture of how postsecondary education connects to real-world earnings, and this new indicator will provide that transparency,” U.S. Secretary of Education Linda McMahon said in a statement.

See Full Page