Big Bucks, Red Tape for Colleges in Congress

House panel sends renewal of Higher Education Act to floor for vote

The U.S. House of Representatives education committee unanimously approved sweeping legislation last week that would create a plethora of new grant programs for colleges and students while holding institutions accountable for skyrocketing tuition.

The 747-page bill to reauthorize, or renew, the Higher Education Act would impose dozens of new reporting requirements on colleges, requiring institutions to disclose

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