The Higher Education Opportunity Act of 2008 was signed into law today. The law, passed by the House on July 31 by a vote of 380-49, is the first reauthorization of the nation’s primary higher education laws in a decade.
Today is truly a momentous day for America’s current and future college
students and families. Over the past two years, the Democratic Congress
has charted a new direction to help make college more affordable and
accessible for all qualified students. We’ve enacted the single largest increase in federal student aid since the GI Bill and key measures to protect federal college aid from turbulence in the nation’s credit markets
– and all without costing taxpayers a dime. We’ve proven we can work in
a bipartisan way to enact good public policies that make sense for
students, for our economy, and for taxpayers.
Now, with this bill signed into law, we have taken the next critical steps toward restoring the promise of our nation’s higher education programs: To help all students gain access to a world-class college education. For the first time in years, students and parents will encounter a higher education system that is more consumer-friendly and that operates in the best interests of helping them pay for college. This law will help every student in this country get their fair shot at a college degree, and reclaim their piece of the American Dream.
Now, with this bill signed into law, we have taken the next critical steps toward restoring the promise of our nation’s higher education programs: To help all students gain access to a world-class college education. For the first time in years, students and parents will encounter a higher education system that is more consumer-friendly and that operates in the best interests of helping them pay for college. This law will help every student in this country get their fair shot at a college degree, and reclaim their piece of the American Dream.
