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College Cost Reduction and Access ActE-NewsletterSearch |
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Widespread Support for the College Cost Reduction and Access Act“The College Cost Reduction and Access Act will provide billions of dollars a year in additional grant aid to low-income students and help reduce the burden of student debt for millions of borrowers. Taken as a whole these provisions represent the largest reform to student aid in more than a decade. The legislation takes important steps to address the major financial challenges facing American students and their Families.” “We believe that for too long lenders have profited at the expense of the very people they were supposed to help. It is time we put the emphasis back on helping students attend college, not on subsidizing private banks. The conference agreement to the College Cost Reduction Act presents an unparalleled opportunity to cut waste and improve access to higher education for working families.” “The American Association of Community Colleges is pleased to support the conference agreement to H.R. 2669, since the legislation will increase access and success for our students, in particular by substantially increasing funding for Pell Grants, which are received by more than two million community college students each year.” “As you know, HBCUs have special skills in serving their communities, which include large numbers of low-income or first generation college students. This legislation recognizes the vital role HBCUs play in eliminating disparities in access to quality higher education. The conference report on H.R. 2669 will significantly enhance the capacity of HBCUs and improve opportunities for minority students. Thank you for your unwavering support of our academic institutions.” “NAICU supports the infusion of Pell Grant funding included in the conference agreement to H.R. 2669 and believes it is the most important and welcome aspect of this legislation. The increased funding will provide millions of hard working, low-income American college students with the extra grant aid they need to persist and complete college.” |
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