With a strong bipartisan vote of 354 to 58, the U.S. House of Representatives
approved the College Opportunity and Affordability Act (H.R. 4137), which will
reform and strengthen the nation’s higher education programs to ensure that
they operate in the best interests of students and families.
The
bill also addresses needs for rural schools facing declining enrollment and
retention issues for educators and administrators.
“There is recognition in this legislation that students and educators in our
rural school districts are critical to our country’s workforce
challenges,” Peterson said. “The grants, incentives and professional
development opportunities address the challenges of our students and school
districts in
The
College Opportunity and Affordability Act will provide grants to increase
enrollment of rural high school graduates in institutions of higher education,
create employment pipelines from higher education institutions to the
workforce, and provide training for professions of need in rural areas.
The
Act also will provide incentives to colleges of education to add a rural
focus to their curriculum, such as the skills students need to teach in rural
An
October 2007 report from the College Board showed that, over the previous five
years,
The legislation also strengthens provisions previously approved by the House
to avoid conflicts of interest in the student loan programs. The new
provisions include requiring better consumer disclosures and protections on
private student loans. Together these protections form a Bill of
Rights for college consumers, said Peterson.
“Students
and their families in
In
addition, the College Opportunity and Affordability Act will:
The
legislation is the second major step that the new Democratic Congress has
taken to make college more affordable and accessible for all qualified
students. Last year, Congress enacted into law a $20 billion increase in
college financial aid over the next five years, the largest increase in
student aid since the G.I. Bill of 1944.
-30-