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S. 3018 115th Congress Senate

Degrees Not Debt Act of 2018

Official title: A bill to give middle-class families access to the maximum Federal Pell Grant, to increase college transparency, and State maintenance of efforts, and for other purposes.

Introduced: June 6, 2018 Introduced by: Martin Heinrich Democratic · New Mexico See on congress.gov
Education Administrative remediesGovernment lending and loan guaranteesHigher educationPerformance measurementStudent aid and college costs
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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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 6, 2018
Read twice and referred to the Committee on Finance.
Jun 6, 2018
Introduced in Senate
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 Latest action June 6, 2018

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

Degrees Not Debt Act of 2018

This bill repeals the alternative minimum tax exemption and the increased estate and gift tax exemption provided in 2017, uses the tax revenue to increase need-based federal student aid provided to students of institutions of higher education (IHEs), eliminates Pell Grant funding for institutions of higher education in states that do not maintain their funding levels for IHEs, and requires IHEs to disclose performance indicators (e.g., graduation rates and employments outcomes).

 Related & companion bills 1
  • S 1761 Intelligence Authorization Act for Fiscal Year 2018
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 3018: Degrees Not Debt Act of 2018. 115th Congress. Open America. https://openamerica.io/bill/115-S-3018/
MLA
"S. 3018: Degrees Not Debt Act of 2018." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-3018/.
Bluebook (legal)
S. 3018, 115th Cong. (2026), https://openamerica.io/bill/115-S-3018/.
Markdown link
[S. 3018: Degrees Not Debt Act of 2018](https://openamerica.io/bill/115-S-3018/)
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