College Affordability Act (CAA)
On October 15, 2019, Democratic members of the House education committee introduced a comprehensive bill to reauthorize the Higher Education Act (HEA) that would make significant changes to the way students access federal financial aid. The bill — dubbed the College Affordability Act (CAA) — opens federal aid to new populations of students, tweaks pivotal grant and loan forgiveness programs, and establishes a new institutional accountability metric, among other changes.
Resources
- October 15, 2019 - NASFAA Statement on College Affordability Act