In Fort Smith, Arkansas, salon owner Terra Harvell is raising concerns about a proposed federal rule change that could significantly impact trade schools, including those in cosmetology. The U.S. Department of Education is considering a new accountability measure that would compare the earnings of trade school graduates to those of high school graduates. Programs that fail to meet the earnings threshold could lose access to federal student aid, such as Pell Grants and federal student loans.
Impact on Cosmetology Programs
Data from the Department of Education indicates that 92% of cosmetology, barber, and grooming programs could be at risk under the proposed rule. Harvell, who has been in the industry for over a decade, expressed concern about the potential loss of federal aid, which was crucial for her own education. “I had federal aid to attend cosmetology school, and without it, I don’t know if I could have pursued my career,” Harvell said. Now, she employs over 51 people, demonstrating the potential success of trade school graduates.
Call for Comprehensive Solutions
While acknowledging that improvements can be made within the industry, Harvell questioned whether earnings data alone provides a complete picture of career success in cosmetology. She emphasized the importance of teaching students business acumen, tax responsibilities, and loan repayment strategies. Harvell urged policymakers and trade school leaders to collaborate on developing solutions that consider the broader aspects of career success. “The data the government is looking at is not fully accurate,” she stated, expressing her desire to participate in decision-making processes.
The Department of Education is currently reviewing public comments on the proposal, with a decision expected by July 1. The outcome could have significant implications for trade schools and the students who rely on federal aid to pursue their careers.
Original reporting: 5NEWS / KFSM (Fort Smith) — read the source article.