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FREE Act
1/4/2025, 11:17 AM
Summary of Bill HR 8784
The FREE Act, also known as Bill 118 hr 8784, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address issues related to the cost of higher education in the United States.
The FREE Act aims to make college more affordable for students by providing federal funding to cover the cost of tuition and fees at public colleges and universities. This funding would be available to students from families with an annual income of $125,000 or less. Additionally, the bill includes provisions to increase funding for Pell Grants, which provide financial assistance to low-income students.
In addition to addressing the cost of tuition, the FREE Act also aims to reduce the burden of student loan debt. The bill includes provisions to allow borrowers to refinance their student loans at lower interest rates and to provide loan forgiveness for public service workers. Overall, the FREE Act is designed to make higher education more accessible and affordable for all students, regardless of their financial background. It is currently being debated in Congress, and its future remains uncertain.
The FREE Act aims to make college more affordable for students by providing federal funding to cover the cost of tuition and fees at public colleges and universities. This funding would be available to students from families with an annual income of $125,000 or less. Additionally, the bill includes provisions to increase funding for Pell Grants, which provide financial assistance to low-income students.
In addition to addressing the cost of tuition, the FREE Act also aims to reduce the burden of student loan debt. The bill includes provisions to allow borrowers to refinance their student loans at lower interest rates and to provide loan forgiveness for public service workers. Overall, the FREE Act is designed to make higher education more accessible and affordable for all students, regardless of their financial background. It is currently being debated in Congress, and its future remains uncertain.
Read the Full Bill
Current Status of Bill HR 8784
Bill HR 8784 is currently in the status of Bill Introduced since June 18, 2024. Bill HR 8784 was introduced during Congress 118 and was introduced to the House on June 18, 2024. Bill HR 8784's most recent activity was Placed on the Union Calendar, Calendar No. 791. as of December 19, 2024
Bipartisan Support of Bill HR 8784
Total Number of Sponsors
4Democrat Sponsors
0Republican Sponsors
4Unaffiliated Sponsors
0Total Number of Cosponsors
49Democrat Cosponsors
2Republican Cosponsors
47Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 8784
Primary Policy Focus
Government Operations and PoliticsPotential Impact Areas
- Accounting and auditing
- Administrative law and regulatory procedures
- Administrative remedies
- Congressional oversight
- Legal fees and court costs
- Licensing and registrations
Alternate Title(s) of Bill HR 8784
To require each agency to evaluate the permitting system of the agency, to consider whether a permit by rule could replace that system, and for other purposes.
To require each agency to evaluate the permitting system of the agency, to consider whether a permit by rule could replace that system, and for other purposes.
Comments
Julia Raynor
1,118
1 year ago
I don't know much about this FREE Act. Will it impact my taxes?
Galilea Murray
998
1 year ago
This bill is so unfair!
Sponsors and Cosponsors of HR 8784
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