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H.R. 4508: PROSPER Act

About the bill

Would the GOP’s higher education reform bill make things easier or harder for borrowers and those with high student loans?

Context

The main federal law governing higher education and financial aid is 1965’s Higher Education Act, through which about 75 percent of federal higher education financial aid flows.

The law is reauthorized with some updates every few years, the most recent time being in 2008. Some members of Congress intended to pass another update once more during the current Congress.

However, most Republicans want a more comprehensive overhaul ...

Sponsor and status

Virginia Foxx

Sponsor. Representative for North Carolina's 5th congressional district. Republican.

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Last Updated: Feb 8, 2018
Length: 602 pages
Introduced:

Dec 1, 2017

Status:

Ordered Reported on Dec 13, 2017

The committees assigned to this bill sent it to the House or Senate as a whole for consideration on December 13, 2017.

Prognosis:

3% chance of being enacted according to Skopos Labs (details)

History

Dec 1, 2017
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Dec 13, 2017
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Feb 8, 2018
 
Reported by House Committee on Education and the Workforce

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

Pending
 
Passed House (Senate next)

Pending
 
Passed Senate

Pending
 
Signed by the President

H.R. 4508 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 4508 — 115th Congress: PROSPER Act.” www.GovTrack.us. 2017. September 22, 2018 <https://www.govtrack.us/congress/bills/115/hr4508>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.