; and (ii) developing a disclosure template and a verification process for disclosures described in subparagraph (C). (B) Performance metrics (i) In general In establishing the performance metrics under subparagraph (A)(i), the Secretary shall, at a minimum, establish the requirements for a debt-to-earnings rate that serves the best interests of students and taxpayers, which shall include— (I) a methodology for calculating such debt-to-earnings rate for a training program, including— (aa) a definition of the cohort of individuals on whom such rate shall be based, who shall be selected from the individuals who were enrolled in such training program (without regard to whether the individuals received a loan for such enrollment); (bb) a determination of the debt amount for such rate based on the median annual loan payment for the loans made under title IV and the private education loans received for such enrollment by such cohort; and (cc) a determination of the earnings amount for such rate based on the mean or median of the actual, student-level annual earnings for such cohort; (II) establishing a process (such as an appeals process) to authorize training programs to use alternate earnings in lieu of the mean or median of the actual, student-level annual earnings of a cohort; and (III) establishing a threshold rate that each training program shall meet to be eligible to receive funds under title IV. (ii) Earnings data In determining the mean or median of the actual, student-level annual earnings for purposes of this subparagraph, the Secretary shall obtain and use the most currently available Federal data on such earnings. (C) Disclosure template The Secretary shall develop— (i) a disclosure template that— (I) is consumer tested