House Bill 4508
115th Congress(2017-2018)
PROSPER Act
Introduced
Introduced in House on Dec 1, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4508
Congress
115
Policy Area
Education
Education
Primary focus of measure is elementary, secondary, or higher education including special education and matters of academic performance, school administration, teaching, educational costs, and student aid.
Virginia Foxx
grade
North Carolina
Alabama
California
Florida
Georgia
Georgia
Georgia
Indiana
Indiana
Kansas
Kentucky
Michigan
Michigan
Minnesota
New York
Pennsylvania
Pennsylvania
Pennsylvania
South Carolina
Tennessee
Virginia
Virginia
No House votes have been held for this bill.
Summary
Promoting Real Opportunity, Success, and Prosperity through Education Reform Act or the PROSPER Act
This bill amends the Higher Education Act of 1965 to revise the governance of federal financial aid provided to students pursuing a postsecondary education and institutions of higher education (IHEs), including by:
- removing restrictions on providing aid to for-profit institutions, correspondence courses, and certificate programs;
- modifying the eligibility requirements for IHEs and students to participate in federal student aid programs;
- revising accountability measures for IHEs, such as adding new measures for minority-serving institutions;
- requiring IHEs to implement programs to prevent the use of illicit drugs and the abuse of alcohol by students and employees;
- prohibiting aid to IHEs that deny religious student organizations the rights, benefits, or privileges that are afforded to other organizations;
- limiting the Department of Education's authority to issue regulations;
- revising requirements concerning sexual assault on campuses;
- authorizing an industry-led apprenticeship grant program;
- reauthorizing through FY2024 and revising specified programs, including the Federal Pell Grant program, the Federal Work-Study programs, and an aid program for students whose families are seasonal farm workers;
- revising requirements governing the Federal TRIO programs for students from disadvantaged backgrounds;
- repealing specified grant programs (e.g., the Federal Supplemental Educational Opportunity Grant program) and loan forgiveness programs (e.g., Public Service Loan Forgiveness) for new borrowers;
- replacing the existing student loan programs (i.e., the Federal Direct Loan program and the Federal Family Education Loan program) with a single loan program (i.e., ONE loan program);
- revising student loan limits for undergraduate students and establishing loan limits for graduate students; and
- replacing existing student loan repayment plans with an income-based repayment plan.
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02/08/2018
Placed on the Union Calendar, Calendar No. 413.
02/08/2018
Reported (Amended) by the Committee on Education and the Workforce. H. Rept. 115-550.
12/13/2017
Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 17.
12/01/2017
Referred to the House Committee on Education and the Workforce.
12/01/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:39:20 PM