College Opportunity for All Act

H.R. 2960, the College Opportunity for All Act, proposes several changes to the Higher Education Act of 1965 to make college more affordable and accessible. The bill would increase the maximum Pell Grant award, eliminate certain loan fees for borrowers, and allow individuals to refinance their consolidated student loans to take advantage of lower interest rates. Additionally, it establishes loan forgiveness programs for graduates entering public service and provides increased funding and support for minority-serving institutions and teacher preparation programs.