A bill introduced Wednesday by Sen. Bernie Sanders (I-Vt.) and Rep. Pramila Jayapal (D-Wash.) calls for making community college and public trade schools tuition-free for all, regardless of income. For students from families that make less than $125,000 annually, tuition would be free at public four-year colleges and universities, as well as public and private historically Black colleges and universities and minority-serving institutions.
The College for All Act also calls for doubling the maximum Pell Grant award to $12,990 for the 2021-22 school year, though for-profit institutions would be excluded from the increase. The legislation would also allow students to use the funds from the Pell Grant for expenses other than tuition, such as books and housing costs.
To pay for the legislation, Sanders introduced another bill that would impose a tax on Wall Street transactions, a similar funding mechanism that he has called for in previous free college proposals to cover the estimated $700 billion price tag. Stay tuned to Today’s News for an in-depth analysis of the bill next week.
Publication Date: 4/22/2021