Connecticut Senate Bill SB00748

Connecticut 2019 Regular Session

• Introduced: 1/29/19
• Refer: 1/29/19

Caption

An Act Establishing A Pilot Program To Fund Tuition-free And Debt-free Programs Of Study At Institutions Of Higher Education.

Impact

The introduction of SB00748 is expected to significantly impact state laws by altering how educational financing is approached within Connecticut. By promoting tuition-free and debt-free educational pathways, the bill seeks to alleviate financial barriers for students, potentially increasing access to higher education for all individuals, regardless of their socioeconomic background. This could lead to a transformative shift in the educational landscape of the state, fostering a more educated workforce and enhancing overall economic development.

Summary

SB00748 aims to establish a pilot program that would provide tuition-free and debt-free education at certain institutions of higher education within Connecticut. This initiative is set to fund programs primarily through an innovative income-sharing agreement model, which would allow students to study without the burden of upfront tuition costs. The proposal emphasizes collaboration with various educational authorities, including the Board of Trustees of The University of Connecticut and the Board of Regents for Higher Education, ensuring that the program aligns with the educational needs of the state.

Contention

Despite its potential benefits, SB00748 may face contention among lawmakers and stakeholders. Critics might argue about the feasibility of funding such a program through income-sharing agreements, raising concerns over the long-term sustainability and effectiveness of this approach. Additionally, there may be debates on what industries are prioritized in collaboration with educational institutions, as well as the implications this program could have on existing financial aid structures, potentially leading to a reevaluation of state support for traditional student loan programs.