Higher Education Act of 1965
The Higher Education Act of 1965 (HEA) is a landmark piece of legislation that has had a profound impact on American higher education. The HEA was signed into law by President Lyndon B. Johnson on November 8, 1965, and has been amended several times since then.
The HEA’s primary goal is to provide financial assistance to students and families to help them pay for college. The law created a variety of grant and loan programs, including the Pell Grant and the Federal Supplemental Educational Opportunity Grant (FSEOG). The HEA also created the Federal Work-Study Program, which provides part-time jobs to students who need financial assistance.
In addition to providing financial assistance, the HEA also makes it easier for students to access higher education. The law created the National Student Loan Data System (NSLDS), which tracks student loan debt and helps students manage their loans. The HEA also created the College Scorecard, which provides information about the cost, graduation rates, and other metrics of colleges and universities.
The HEA has been a major force in the expansion of access to higher education in the United States. The law has helped to make college more affordable for millions of students and has made it easier for them to complete their degrees.
Key Provisions of the Higher Education Act of 1965:
- Created the Pell Grant program, which provides need-based grants to low-income students.
- Created the Federal Supplemental Educational Opportunity Grant (FSEOG) program, which provides grants to low-income students who demonstrate exceptional financial need.
- Created the Federal Work-Study Program, which provides part-time jobs to students who need financial assistance.
- Created the National Student Loan Data System (NSLDS), which tracks student loan debt and helps students manage their loans.
- Created the College Scorecard, which provides information about the cost, graduation rates, and other metrics of colleges and universities.
Impact of the Higher Education Act of 1965:
The HEA has had a major impact on American higher education. The law has helped to:
- Increase access to higher education for millions of students.
- Make college more affordable for students and families.
- Improve the quality of higher education.
The HEA is a landmark piece of legislation that has had a profound impact on American higher education. The law has made college more accessible, affordable, and of higher quality for millions of students.
Higher Education Act of 1965
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