House Republicans have advanced the Student Success and Taxpayer Savings Plan, a contentious 103-page bill aimed at reforming the federal student aid system. Key provisions include capping federal loan amounts, eliminating Pell Grants for part-time students, and implementing a risk-sharing program for colleges regarding unpaid loans. The bill, projected to save $330 billion over the next decade, has drawn sharp criticism from Democrats, who argue it undermines educational access for low-income and minority students while falsely positioning itself as a systemic correction.
The legislation would cap the amount of federal loans a student can take out, which Democrats argue will disadvantage low-income students and worsen inequities.
House Republicans claim the changes to the student aid system will save over $330 billion in federal funding over ten years while re-routing funds to Trump's priorities.
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