The House Education and Workforce Committee approved of the HR 4508, the Promoting Real Opportunity, Success, and Prosperity through Education Reform Act, or PROSPER Act. It is now waiting to get a vote by the full U.S. House of Representatives, before moving on to the Senate. This bill would reauthorize the Higher Education Act of 1965 (HEA), which governs how colleges and universities must operate, as well as authorizing billions of dollars in aid to students and institutions.
Every HEA reauthorization includes changes to the law, and the PROSPER Act is no different. However, the changes made in PROSPER related to student tuition assistance are concerning. The version of the PROSPER act would: ...