What Is the College Cost Reduction Act?
Matthew Arrojas
March 19, 2025
Republicans may use the proposal as a model for cost-cutting as the House Committee on Education and the Workforce looks for $330 billion in cuts over the next 10 years.
Republicans failed to pass the College Cost Reduction Act in 2024.
Still, many components of the bill could form the basis of future cost-cutting.
The House Committee on Education and the Workforce is tasked with cutting $330 billion over the next 10 years.
Some advocates worry many of the cost-cutting measures could negatively impact students, borrowers, and institutions.
A failed 2024 bill could have a second life as congressional Republicans look to cut hundreds of billions of dollars in federal education programs.
The College Cost Reduction Act (CCRA), proposed in January 2024 in the U.S. House of Representatives by Rep. Virginia Foxx, aimed to overhaul much of the U.S. higher education system. The proposal would have, among other things, upended the federal student loan system, funded college completion grants, and repealed for-profit college oversight regulations.