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H.R. 4508: PROSPER Act

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H.R. 4508: PROSPER Act

115th Congress · introduced 2017-12-01 · Education · Latest: Placed on the Union Calendar, Calendar No. 413.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2017-12-01 · official record
  2. Who proposed it: Rep. Foxx, Virginia [R-NC-5] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Placed on the Union Calendar, Calendar No. 413. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

PROSPER Act

Plain summary

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.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

PROSPER Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Foxx, Virginia [R-NC-5] · 21 cosponsors

Cost estimate: CBO cost estimate: H.R. 4508, Promoting Real Opportunity, Success, and Prosperity through Education Reform Act (2018-02-06)

Cosponsors on this site

Brett Guthrie (R-KY), Joe Wilson (R-SC), Glenn Thompson (R-PA), Tim Walberg (R-MI), Elise M. Stefanik (R-NY), Rick W. Allen (R-GA), Lloyd Smucker (R-PA), Ron Estes (R-KS)

Sponsor's campaign money: Rep. Foxx, Virginia [R-NC-5] reported raising $2.2 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Rulemaking
The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong115-hr4508 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115