To amend the Higher Education Act of 1965 to double the Pell Grant award amount, improve the Public Service Loan Forgiveness program, and reduce interest rates, and for other purposes.

8/27/2025, 8:05 AM

Summary of Bill HR 4862

The bill "To amend the Higher Education Act of 1965" in the 119th Congress, designated as H.R. 4862 and introduced on August 1, 2025, aims to double the Pell Grant award amount, enhance the Public Service Loan Forgiveness program, lower interest rates, and includes other provisions relating to higher education.

Current Status of Bill HR 4862

Bill HR 4862 is currently in the status of Bill Introduced since August 1, 2025. Bill HR 4862 was introduced during Congress 119 and was introduced to the House on August 1, 2025. Bill HR 4862's most recent activity was Referred to the Committee on Education and Workforce, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of August 1, 2025

Bipartisan Support of Bill HR 4862

Total Number of Sponsors

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Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 4862

Primary Policy Focus

Alternate Title(s) of Bill HR 4862

To amend the Higher Education Act of 1965 to double the Pell Grant award amount, improve the Public Service Loan Forgiveness program, and reduce interest rates, and for other purposes.

Comments

Renata Sullivan

457

3 months ago

I don't agree with this bill. How will it impact me and my family in the long run?

Audrey Ashley

445

4 months ago

This bill is a disaster! How will it impact me in the short term?

Joy Parsons

471

3 months ago

I understand the intention behind this bill and the desire to make higher education more accessible and affordable for all individuals. However, I have concerns about the potential long-term effects of doubling the Pell Grant award amount and reducing interest rates. While it may seem beneficial in the short term, there could be unintended consequences such as inflation in the cost of education and a strain on the federal budget. As a young adult who is currently navigating student loans and financial aid, I worry about how this bill could impact my future financial stability. It is important to carefully consider all aspects of this bill before making any drastic changes.

Houston Atkinson

389

3 months ago

This bill is gonna make college more affordable for folks like me. Finally, some good news in the world of politics. Did you know that this bill also includes provisions for expanding access to vocational training programs? #winning