Schatz, Pocan Reintroduce Debt-Free College Act - Higher Education
Higher Education News and Jobs

Schatz, Pocan Reintroduce Debt-Free College Act


With the support of more than 30 Congressional co-sponsors, Sen. Brian Schatz, D-HI, and Rep. Mark Pocan, D-WI, have reintroduced the Debt-Free College Act which provides solutions to the issue of college affordability by establishing a path for students to graduate without any debt acquired from pursuing a college education.

Sen. Brian Shatz

“Quality higher education is one of the surest paths to economic opportunity and financial security for young people,” said Reid Setzer, director of public policy at Young Invincibles. “This bill is among the few to offer real solutions to the challenges facing America’s increasingly diverse student population. By addressing the total cost of attendance and targeting aid first to those most in need, this bill attacks the systemic barriers faced by many of today’s students, as well as expands tuition relief for all students and families.”

More than 44 million Americans today have student loans amounting to over $1.56 trillion, according to a Young Invincibles release.

In 2016, 42 percent of Black students had student debt, compared to 34 percent of White students that accrued debt while in college. As a result, students of color tend to report college costs as a significant factor in dropping out of college. If approved, the act would help end racial and economic attainment gaps in postsecondary education through state and federal partnerships that concentrate on low-income and underrepresented students.

The legislation would also require participating states to submit a plan to achieve debt-free college for all in-state students within five years, through increased state-level grant support for tuition and fees.

Education Leaders Laud Some White House HEA Principles Education leaders reacted positively to some of the principles outlined by the White House as Congress works toward reauthorization of the Higher Education Act, but questioned the possible direction of other aspects based on details yet to emerge. ...
Native, Black, Latino Students Most Likely to Pay for College Themselves Nearly three in 10 college students in America are solely responsible for paying for all of their higher education costs, and that number is highest by far among Native American, Black and Hispanic/Latino college students, according to a study by Len...
University of Tennessee System Establishes New UT Promise Program for Low-Income Students Randy Boyd, interim president of the University of Tennessee System, has announced the creation of the UT Promise Program, a new initiative modeled after the state’s popular Promise and Reconnect programs, which will cover tuition and fees for studen...
WV Legislatures, Higher Ed Officials Voice Support for Community College Bill West Virginia legislatures and post-secondary officials have expressed their support for recently passed Senate Bill 1, legislation that supporters say could open new economic opportunities and establish an industry talent pipeline in West Virgina’s ...
Semantic Tags: