"The undergrad programs that are affected are those at for-profit colleges, particularly in certificate programs, and then particularly in cosmetology," said Kevin Stange, professor of public policy at the University of Michigan.
Stange said the policy's added transparency to the higher education landscape may benefit students.
"There are many programs that are just not serving their students well," Stange said. "And the whole point of this policy is to incentivize students to leave those programs or shut down those programs entirely. If it incentivizes those programs to change, that's the whole point of the policy."