HR6951-118

Reported

To lower the cost of postsecondary education for students and families.

118th Congress Introduced Jan 11, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To lower the cost of postsecondary education for students and families., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Finance, Education.

Who Benefits and How

federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HD362D51FCFB9463BBC5D53F87C1F80F7: 1. Short title; table of contents This Act may be cited as the College Cost Reduction Act. The table of contents for this Act is as follows:
  • Section H5860F8E60EA146B7AC657F271629763D: 2. References Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a...
  • Section H2ACEB12144294FEF8BBD7C5D7F090883: 101. Definitions Section 103 of the Higher Education Act of 1965 (20 U.S.C. 1003) is amended by adding at the end the following: (25)Cip codeThe term CIP code...
  • Section H05C4D1B562094A24B5F6E23D3BF0DBB2: 111. Financial aid offers Part B of title I of the Higher Education Act of 1965 (20 U.S.C. 1011 et seq.) is amended by adding at the end the following:...
  • Section H056D508DAEAE46C2BBE6DDBE5A43D335: 124. Institution financial aid offer form The Secretary, in consultation with the heads of relevant Federal agencies, shall develop standard terminology and a...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To lower the cost of postsecondary education for students and families., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Key Policy Areas

Government Operations, Finance, Education

Primary Purpose

This bill, To lower the cost of postsecondary education for students and families., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Policy Domains

Government Operations Finance Education

Whole bill

Identified Gains
  • federal agencies and legislative administrators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: rh
federal agencies and legislative administrators: , ,
Identified Costs
  • federal implementing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: rh
federal implementing agencies: , ,

Legislative Progress

Reported
Introduced Committee Passed
Nov 18, 2024

Additional sponsors: Mrs. Houchin, Ms. Stefanik, Mr. Moran, Mr. James, …

Nov 18, 2024

Reported with an amendment, committed to the Committee of the …

Jan 11, 2024

Ms. Foxx (for herself, Mr. Owens, Mr. Grothman, Mr. Allen, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Government Operations Finance Education
Actor Mappings
"the_commission"
→ The commission identified in the operative section
"secretary_of_defense"
→ Secretary of Defense
"secretary_of_treasury"
→ Secretary of the Treasury
"secretary_of_education"
→ Secretary of Education
"secretary_of_health_and_human_services"
→ Secretary of Health and Human Services

Key Definitions

Terms defined in this bill

6 terms
"evidence tier 3 reform or practice" §H2943655C10854CFA9345B48C0EDD7F04

a reform or practice described in clause (ii), or other practice meeting similar criteria, that has been found to produce sizable, important impacts on student success and— determines whether such impacts can be successfully reproduced and sustained over time

"program of study" §H2ACEB12144294FEF8BBD7C5D7F090883

an academic program of study offered to students by an institution of higher education that— upon completion of the program, results in the award of a credential to a student, including a degree, diploma, or certificate, for one credential level

"qualifying student loan" §H7ACDCB632AA84EE9966C7684F00BD04D

a Federal Direct loan, including a Federal Direct Consolidation loan, made under this part that— was made to a student included in a student cohort of an institution

"qualifying undergraduate program" §H9CB49441C1014A83B4890733628488F2

a program of study— for which the total tuition and fees (including the required costs described in section 124(b)(3)(A)(i)(I)) exceeds the aggregate limits for undergraduate students described in subparagraph (A)(ii)

"conversion" §HA5C4C0E4A7C54A8D8B44EDB9F3A59E16

any transaction under which— a proprietary institution is reorganized and seeks recognition as a public or other nonprofit institution

"excepted Consolidation Loan" §HBBCBBEAAE3C94F04BF3BBBF316F92654

a Federal Direct Consolidation Loan, if the proceeds of such loan were used to the discharge the liability on— an excepted PLUS loan

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology