High tuition prices and other obstacles are putting a college degree further out of reach for America's students. In addition to rising tuition, students and their families face an overly complex federal student aid application process and a student loan industry mired in conflicts of interest and corrupt lending practices. Today, the House passed the final conference report on the Higher Education Opportunity Act (HR 4137), which makes college more affordable and accessible. This legislation is the first reauthorization of the Higher Education Act in 10 years and encourages colleges to rein in tuition increases, restores integrity and accountability to student loan programs, simplifies the federal student aid application process, and expands college access and support for low-income and minority students.
The Higher Education Opportunity Act Is Coming: