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H.R.4508 / 115th Congress

PROSPER Act

Placed on the Union Calendar, Calendar No. 413.

Official summary

Version 00 · Introduced in House · Dec 1, 2017

Promoting Real Opportunity, Success, and Prosperity through Education Reform Act or the PROSPER Act

This bill amends the Higher Education Act of 1965 to revise the governance of federal financial aid provided to students pursuing a postsecondary education and institutions of higher education (IHEs), including by:

removing restrictions on providing aid to for-profit institutions, correspondence courses, and certificate programs;

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modifying the eligibility requirements for IHEs and students to participate in federal student aid programs;

revising accountability measures for IHEs, such as adding new measures for minority-serving institutions;

requiring IHEs to implement programs to prevent the use of illicit drugs and the abuse of alcohol by students and employees;

prohibiting aid to IHEs that deny religious student organizations the rights, benefits, or privileges that are afforded to other organizations;

limiting the Department of Education's authority to issue regulations;

revising requirements concerning sexual assault on campuses;

authorizing an industry-led apprenticeship grant program;

reauthorizing through FY2024 and revising specified programs, including the Federal Pell Grant program, the Federal Work-Study programs, and an aid program for students whose families are seasonal farm workers;

revising requirements governing the Federal TRIO programs for students from disadvantaged backgrounds;

repealing specified grant programs (e.g., the Federal Supplemental Educational Opportunity Grant program) and loan forgiveness programs (e.g., Public Service Loan Forgiveness) for new borrowers;

replacing the existing student loan programs (i.e., the Federal Direct Loan program and the Federal Family Education Loan program) with a single loan program (i.e., ONE loan program);

revising student loan limits for undergraduate students and establishing loan limits for graduate students; and

replacing existing student loan repayment plans with an income-based repayment plan.

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Who introduced it

Rep. Foxx, Virginia [R-NC-5] · R–NC

Committees

  • Education and Workforce Committee
21 cosponsorship records, including any withdrawals

Actions

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  1. Placed on the Union Calendar, Calendar No. 413.

  2. Reported (Amended) by the Committee on Education and the Workforce. H. Rept. 115-550.

  3. Reported (Amended) by the Committee on Education and the Workforce. H. Rept. 115-550.

  4. Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 17.

  5. Referred to the House Committee on Education and the Workforce.

  6. Introduced in House

  7. Introduced in House

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

Source last updated: Jul 21, 2025. Consult Congress.gov for the current record.

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Neutral evidence review

Objective

Analyze H.R.4508 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

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Institutions and government scope

Conservative lens

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Individual rights and government power

Liberty lens

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