A bill to give middle-class families access to the maximum Federal Pell Grant, to increase college transparency, and State maintenance of efforts, and for other purposes.
USA115th CongressS-3018| Senate
| Updated: 6/6/2018
Martin Heinrich
Democratic Senator
New Mexico
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Degrees Not Debt Act of 2018 This bill repeals the alternative minimum tax exemption and the increased estate and gift tax exemption provided in 2017, uses the tax revenue to increase need-based federal student aid provided to students of institutions of higher education (IHEs), eliminates Pell Grant funding for institutions of higher education in states that do not maintain their funding levels for IHEs, and requires IHEs to disclose performance indicators (e.g., graduation rates and employments outcomes).
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Education
Administrative remediesGovernment lending and loan guaranteesHigher educationPerformance measurementStudent aid and college costs
A bill to give middle-class families access to the maximum Federal Pell Grant, to increase college transparency, and State maintenance of efforts, and for other purposes.
USA115th CongressS-3018| Senate
| Updated: 6/6/2018
Degrees Not Debt Act of 2018 This bill repeals the alternative minimum tax exemption and the increased estate and gift tax exemption provided in 2017, uses the tax revenue to increase need-based federal student aid provided to students of institutions of higher education (IHEs), eliminates Pell Grant funding for institutions of higher education in states that do not maintain their funding levels for IHEs, and requires IHEs to disclose performance indicators (e.g., graduation rates and employments outcomes).
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Martin Heinrich
Democratic Senator
New Mexico