S. 801In Committee
Higher Education Reform and Opportunity Act
Revises federal student loan and higher education accreditation rules by consolidating loan programs, ending loan forgiveness, expanding aid eligibility for certain accredited postsecondary programs, and imposing college reporting and default rate penalties
Plain-English overview
What this bill does
Revises federal student loan and higher education accreditation rules by consolidating loan programs, ending loan forgiveness, expanding aid eligibility for certain accredited postsecondary programs, and imposing college reporting and default rate penalties
Key points
- Require college outcome disclosures
- Repeal borrower loan forgiveness
- Consolidate federal student loans
- Assess institutional default rate fines
Current status
Where it stands
Status
In Committee
Latest action
2025-02-27 — Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Related context
Topics and policy areas
undefinedCongressional oversightEducationEducation programs fundingEmployment and training programsGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigations