The comprehensive House higher education bill will soon be ready to come to the floor, but lawmakers on the education panel say they’re unsure when, as their handiwork must compete with a bevy of other legislative priorities.
The bill (H.R. 4508) would streamline the federal student loan program, reduce regulations on colleges and offer federal student aid for programs offering a license or certificate rather than a degree. The House Education and the Workforce committee approved the legislation along party lines in December.
Chairwoman Virginia Foxx (R-N.C.) is taking steps to ready the bill for the floor. The committee recently filed its report on the bill, and the Congressional Budget Office estimated the bill would reduce direct spending $14.6 billion in the next decade—two items that need to be in place before the bill could come to the floor. However, Foxx has declined to provide an estimate of when the bill might be voted on by the House.
Read more at Bloomberg News: https://www.bna.com/higher-ed-bill-n57982088733/