On Thursday, House Education & Labor Chair Robert C. “Bobby” Scott (VA-03) and Higher Education and Workforce Investment Subcommittee Chair Frederica Wilson introduced the Lowering Obstacles to Achievement Now (LOAN) Act. The LOAN Act would double the federal Pell Grant, improve the Public Service Loan Forgiveness program, make loans less expensive, and lower interest rates.
The bill text is available here, a one-page fact sheet is available here, and a section-by-section is available here.