US SB1947 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Independent 1-0)
Status: Introduced on June 24 2019 - 25% progression, died in committee
Action: 2019-06-24 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Provides funding for (1) grants to eliminate tuition and required fees for eligible students at community colleges, public four-year institutions of higher education, and tribal colleges and universities; and (2) grants to eliminate or significantly reduce tuition and required fees for eligible students at private, nonprofit historically Black colleges and universities and minority-serving institutions. In addition, the bill requires the Department of Education (ED) to forgive the outstanding balance of interest and principal due on all Federal Family Education Loans, Federal Direct Loans, and Perkins Loans, including parent loans, consolidation loans, and certain grants treated as loans. Further, ED must purchase and forgive the outstanding balance of interest and principal due on private student loans.

Tracking Information

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Title

College for All Act of 2019

Sponsors


History

DateChamberAction
2019-06-24SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB3448 (Related) 2019-06-24 - Referred to the Committee on Education and Labor, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
HB3472 (Related) 2019-06-25 - Referred to the House Committee on Education and Labor.

Subjects


US Congress State Sources


Bill Comments

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