Senate Bill to Renew Higher Education Act Is Democrats’ Wish List

Senate Bill to Renew Higher Education Act Is Democrats’ Wish List 1

Alex Wong, Getty Images

Legislation likely to be introduced next week would create a unit-record system, broaden refinancing of student-loan debt, reverse cuts in Pell Grants, and crack down on for-profit colleges.

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close Senate Bill to Renew Higher Education Act Is Democrats’ Wish List 1

Alex Wong, Getty Images

Legislation likely to be introduced next week would create a unit-record system, broaden refinancing of student-loan debt, reverse cuts in Pell Grants, and crack down on for-profit colleges.

Senate Democrats are poised to introduce a bill to reauthorize the Higher Education Act that would create a unit-record system for tracking individual students, allow borrowers to refinance their student-loan debt, and reverse some recent cuts in the Pell Grant program, according to several sources who have previewed a draft of the measure.

The bill, which lawmakers are expected to introduce next week, would also crack down on for-profit colleges, make the accreditation process more