In particular, the language released on June 10 by the Senate Committee on Health, Education, Labor and Pensions (HELP) contains some improvements, such as dropping the House proposal to make changes to Pell that would disqualify about one out of every 10 recipients. The Senate Committee on Finance is still considering other parts of the House bill, such as an enormous expansion of the so-called endowment tax.
Among the other provisions we remain very concerned about are:
Now is the time to tell members of the Senate to continue to improve the bill and reject the harmful House provisions that will make college less affordable for millions of low-income students, impose punitive new taxes and penalties on institutions, and undermine educational opportunity.