Rising student loan debt and concerns about college affordability got considerable attention from Democrats in the 2016 presidential campaign. Those issues are bound to get renewed attention since House Democrats recently introduced the Aim Higher Act – an effort to update the Higher Education Act, the federal law that governs federal higher education programs.
The bill promises “debt-free” college to students. As scholars who focus on higher education finance and student aid, we believe the bill actually falls well short of that promise.
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