Higher Education Reform and Opportunity Act

Referred to the House Committee on Education and Workforce.

Bill 119 hr 1739, also known as the "Fiscal Accountability in Higher Education Act," aims to amend the Higher Education Act of 1965 in order to increase transparency and accountability in the higher education system.

One of the key provisions of the bill is the requirement for institutions of higher education to publish information regarding student success. This includes data on graduation rates, job placement rates, and student loan repayment rates. By making this information readily available to the public, students and families can make more informed decisions when choosing a college or university.

Another important aspect of the bill is the establishment of school accountability for student loans. Under this provision, institutions that have high default rates on student loans may face financial penalties or other consequences. This is intended to incentivize schools to provide quality education and support services to their students, ultimately leading to better outcomes for borrowers. Overall, the Fiscal Accountability in Higher Education Act seeks to promote fiscal responsibility, transparency, and student success in the higher education system. By holding institutions accountable for their outcomes and providing students with the information they need to make informed choices, the bill aims to improve the overall quality of higher education in the United States.