We are contacting you to ask that you complete the NACAC Action Alert to urge your Representative to oppose the PROSPER Act.
The Higher Education Act (HEA) was signed into law in 1965 with the intent of expanding opportunity and access to higher education in the United States. Since its creation, HEA has been reauthorized eight times; last renewed in 2008, HEA is currently up for reauthorization, which provides Congress the opportunity to make changes to the current law.
The Promoting Real Opportunity, Success, and Prosperity Through Education Reform (PROSPER) Act (H.R.4508) was passed out of committee by the House Committee on Education and the Workforce and is now eligible to be brought to the House floor for debate. According to some Congressional staff members, Speaker Paul Ryan plans to do so in the coming weeks.
NACAC strongly opposes many of the provisions set forth by the PROSPER Act. Among the negative elements of the bill, the PROSPER Act:
- disinvests in need-based student financial aid;
- eliminates the Federal Supplemental Educational Opportunity Grant;
- eliminates subsidized student loans;
- eliminates Public Service Loan Forgiveness, which benefits college admission counseling professionals; and
- eliminates or weakens a number of safeguards intended to protect students against unscrupulous, predatory institutions.
The PROSPER Act is bad for students, educators, and taxpayers. Contact your Representative to oppose it.
Thank you for your support in assuring that access to post-secondary education for NJ students continues to be affordable for all NJ residents.