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{{Short description|U.S. law establishing a student loan program}} | {{Short description|U.S. law establishing a student loan program}} | ||
{{Infobox U.S. legislation | {{Infobox U.S. legislation | ||
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The '''Higher Education Act of 1965''' ('''HEA''') ({{USPL|89|329}}) was legislation signed into [[Law of the United States|United States law]] on November 8, 1965, as part of President [[Lyndon Johnson]]'s [[Great Society]] domestic agenda. Johnson chose [[Texas State University]] (then called "[[Texas State University#Name changes|Southwest Texas State College]]"), his [[alma mater]], as the signing site.<ref>{{cite web |url=http://www.lbjlib.utexas.edu/Johnson/lbjforkids/edu_whca370-text.shtm |title=Johnson signs legislation into law |publisher=LBJ Library and Museum |access-date=October 23, 2009 |url-status=dead |archive-url=https://web.archive.org/web/20070714005531/http://www.lbjlib.utexas.edu/johnson/lbjforkids/edu_whca370-text.shtm |archive-date=July 14, 2007 }}</ref> The law was intended "to strengthen the educational resources of our colleges and universities and to provide financial assistance for students in postsecondary and higher education". It increased federal money given to universities, created scholarships, gave low-interest loans for students, and established a National Teachers Corps. The "financial assistance for students" is covered in [[Title IV]] of the HEA. | The '''Higher Education Act of 1965''' ('''HEA''') ({{USPL|89|329}}) was legislation signed into [[Law of the United States|United States law]] on November 8, 1965, as part of President [[Lyndon Johnson]]'s [[Great Society]] domestic agenda. Johnson chose [[Texas State University]] (then called "[[Texas State University#Name changes|Southwest Texas State College]]"), his [[alma mater]], as the signing site.<ref>{{cite web |url=http://www.lbjlib.utexas.edu/Johnson/lbjforkids/edu_whca370-text.shtm |title=Johnson signs legislation into law |publisher=LBJ Library and Museum |access-date=October 23, 2009 |url-status=dead |archive-url=https://web.archive.org/web/20070714005531/http://www.lbjlib.utexas.edu/johnson/lbjforkids/edu_whca370-text.shtm |archive-date=July 14, 2007 }}</ref> The law was intended "to strengthen the educational resources of our colleges and universities and to provide financial assistance for students in postsecondary and higher education". It increased federal money given to universities, created scholarships, gave low-interest loans for students, and established a National Teachers Corps. The "financial assistance for students" is covered in [[Title IV]] of the HEA. | ||
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==Use in cancelling student loan debt== | ==Use in cancelling student loan debt== | ||
The Higher Education Act has been proposed as a potential way to cancel student loan debt. According to a paper by the Legal Services Center at [[Harvard Law School]] and commissioned by Senator [[Elizabeth Warren]] in September 2020, the [[United States Secretary of Education|Secretary of Education]] may be able to cancel student loan debt.{{Sfn|Harvard Law School|2020|p=1}} Following ''[[Biden v. Nebraska]]'' (2023), President [[Joe Biden]] suggested using the act.<ref>{{Cite web |url=https://www.usatoday.com/story/news/politics/2023/06/30/biden-vows-to-strike-back-after-supreme-courts-student-loan-decision/70344001007/ |title=President Biden announces new path for student loan forgiveness after SCOTUS defeat |date=June 30, 2023 |last=Garrison |first=Joey |work= | The Higher Education Act has been proposed as a potential way to cancel student loan debt. According to a paper by the Legal Services Center at [[Harvard Law School]] and commissioned by Senator [[Elizabeth Warren]] in September 2020, the [[United States Secretary of Education|Secretary of Education]] may be able to cancel student loan debt.{{Sfn|Harvard Law School|2020|p=1}} Following ''[[Biden v. Nebraska]]'' (2023), President [[Joe Biden]] suggested using the act.<ref>{{Cite web |url=https://www.usatoday.com/story/news/politics/2023/06/30/biden-vows-to-strike-back-after-supreme-courts-student-loan-decision/70344001007/ |title=President Biden announces new path for student loan forgiveness after SCOTUS defeat |date=June 30, 2023 |last=Garrison |first=Joey |work=USA Today |access-date=June 30, 2023}}</ref> | ||
On July 14, 2023, President Biden announced he would use the Higher Education Act to relieve $39 billion in student loan debt, which he says is "legally sound" while warning "it's going to take longer".<ref>{{Cite web |date=2023-07-14 |title=Education Department announces student loan forgiveness for 800K borrowers |url=https://www.nbcnews.com/politics/politics-news/education-department-announces-student-loan-forgiveness-800k-borrowers-rcna94213 |access-date=2023-07-14 |website=NBC News |language=en}}</ref> | On July 14, 2023, President Biden announced he would use the Higher Education Act to relieve $39 billion in student loan debt, which he says is "legally sound" while warning "it's going to take longer".<ref>{{Cite web |date=2023-07-14 |title=Education Department announces student loan forgiveness for 800K borrowers |url=https://www.nbcnews.com/politics/politics-news/education-department-announces-student-loan-forgiveness-800k-borrowers-rcna94213 |access-date=2023-07-14 |website=NBC News |language=en}}</ref> | ||
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== External links == | == External links == | ||
* [https://www.law.cornell.edu/uscode/text/20/chapter-28 As codified in 20 USC chapter 28] of the [[United States Code]] from | * [https://www.law.cornell.edu/uscode/text/20/chapter-28 As codified in 20 USC chapter 28] of the [[United States Code]] from Legal Information Institute | ||
* [https://www.govinfo.gov/content/pkg/COMPS-765/uslm/COMPS-765.xml Higher Education Act of 1965] as amended ([https://www.govinfo.gov/content/pkg/COMPS-765/pdf/COMPS-765.pdf PDF]/[https://www.govinfo.gov/app/details/COMPS-765/ details]) in the [[United States Government Publishing Office|GPO]] [https://www.govinfo.gov/help/comps Statute Compilations collection] | * [https://www.govinfo.gov/content/pkg/COMPS-765/uslm/COMPS-765.xml Higher Education Act of 1965] as amended ([https://www.govinfo.gov/content/pkg/COMPS-765/pdf/COMPS-765.pdf PDF]/[https://www.govinfo.gov/app/details/COMPS-765/ details]) in the [[United States Government Publishing Office|GPO]] [https://www.govinfo.gov/help/comps Statute Compilations collection] | ||
* [http://acsc.lib.udel.edu/exhibits/show/legislation/higher-education-act The Great Society Congress] | * [http://acsc.lib.udel.edu/exhibits/show/legislation/higher-education-act The Great Society Congress] | ||
{{Presidency of George W. Bush}} | {{Presidency of George W. Bush}} | ||
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