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H.R. 4508 115th Congress House

PROSPER Act

Official title: To support students in completing an affordable postsecondary education that will prepare them to enter the workforce with the skills they need for lifelong success.

Introduced: December 1, 2017 Introduced by: Virginia Foxx Republican · North Carolina See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 8, 2018
Placed on the Union Calendar, Calendar No. 413.
Feb 8, 2018
Reported (Amended) by the Committee on Education and the Workforce. H. Rept. 115-550.
Dec 13, 2017
Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 17.
Dec 1, 2017
Referred to the House Committee on Education and the Workforce.
Dec 1, 2017
Introduced in House
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 Latest action February 8, 2018

Placed on the Union Calendar, Calendar No. 413.

 Plain-English summary Congressional Research Service

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;
  • 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.
 Related & companion bills 8
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4508: PROSPER Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-4508/
MLA
"H.R. 4508: PROSPER Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-4508/.
Bluebook (legal)
H.R. 4508, 115th Cong. (2026), https://openamerica.io/bill/115-HR-4508/.
Markdown link
[H.R. 4508: PROSPER Act](https://openamerica.io/bill/115-HR-4508/)
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