U.S. Education Department Alters Guidance for Calculating Expected Time to Credential, Impacting Student Loan Eligibility

The U.S. Department of Education has changed its guidance on calculating 'Expected Time to Credential' (ETTC), a crucial factor for student loan eligibility under the One Big Beautiful Bill Act (OBBBA). Schools are now instructed to use credits instead of time as the basis for ETTC, a departure from previous guidance that could affect student loan disbursements and eligibility.