H.R. 4674, the College Affordability Act: Proposed Reauthorization of the Higher Education Act, Summary of Major Provisions. CRS Report R46176, Version 1
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| Title: | H.R. 4674, the College Affordability Act: Proposed Reauthorization of the Higher Education Act, Summary of Major Provisions. CRS Report R46176, Version 1 |
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| Language: | English |
| Authors: | Hegji, Alexandra, Collins, Benjamin, Library of Congress, Congressional Research Service (CRS) |
| Source: | Congressional Research Service. 2020. |
| Availability: | Congressional Research Service. Web site: https://crsreports.congress.gov/ |
| Peer Reviewed: | N |
| Page Count: | 27 |
| Publication Date: | 2020 |
| Intended Audience: | Policymakers |
| Document Type: | Reports - Descriptive |
| Education Level: | Higher Education Postsecondary Education Two Year Colleges |
| Descriptors: | Educational Legislation, Federal Legislation, Higher Education, Educational Finance, Paying for College, Student Financial Aid, Federal Aid, Grants, Student Loan Programs, Need Analysis (Student Financial Aid), Eligibility, Loan Repayment, Federal Programs, Accountability, Minority Group Students, Student Costs, Black Colleges, Community Colleges |
| Laws, Policies and Program Identifiers: | Higher Education Act 1965, Pell Grant Program, Perkins Loan Program |
| Abstract: | The Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes programs and activities to provide support to individuals who are pursuing a postsecondary education and to institutions of higher education (IHEs). During the 116th Congress, the House Committee on Education and Labor marked up and ordered to be reported the College Affordability Act (H.R. 4674), which would provide for the comprehensive reauthorization of most HEA programs. This report organizes the changes proposed by H.R. 4674 into seven themes: (1) expanding the availability of financial aid to postsecondary students; (2) instituting borrower-focused student loan reforms; (3) modifying educational, financial, and other institutional accountability requirements for receipt of federal funds; (4) revising public accountability, transparency, and consumer information requirements; (5) expanding academic and personal supports to specific student populations; (6) increasing financial support to IHEs, focusing on minority-serving institutions; and (7) creating new grant programs for states and IHEs to reduce students' postsecondary costs. |
| Abstractor: | ERIC |
| Entry Date: | 2020 |
| Accession Number: | ED603154 |
| Database: | ERIC |
| Abstract: | The Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes programs and activities to provide support to individuals who are pursuing a postsecondary education and to institutions of higher education (IHEs). During the 116th Congress, the House Committee on Education and Labor marked up and ordered to be reported the College Affordability Act (H.R. 4674), which would provide for the comprehensive reauthorization of most HEA programs. This report organizes the changes proposed by H.R. 4674 into seven themes: (1) expanding the availability of financial aid to postsecondary students; (2) instituting borrower-focused student loan reforms; (3) modifying educational, financial, and other institutional accountability requirements for receipt of federal funds; (4) revising public accountability, transparency, and consumer information requirements; (5) expanding academic and personal supports to specific student populations; (6) increasing financial support to IHEs, focusing on minority-serving institutions; and (7) creating new grant programs for states and IHEs to reduce students' postsecondary costs. |
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