Pennsylvania House Bill HB827

Pennsylvania 2023-2024 Regular Session

• Introduced: 4/3/23
• Refer: 4/3/23

Caption

Providing for Delayed Payment Plan Program; establishing the Delayed Payment Plan Program Fund; and imposing duties on the Pennsylvania Higher Education Assistance Agency.

Impact

If enacted, HB 827 would create a structured program to help students defer their tuition payments without incurring additional penalties. This would likely result in increased accessibility to higher education for students who may not have the upfront finances to cover tuition costs immediately. The bill represents a proactive approach in addressing concerns related to student debt and financial burdens associated with pursuing higher education. By establishing a fund to support this initiative, the state government indicates a commitment to making higher education more accessible and affordable.

Summary

House Bill 827 aims to establish a Delayed Payment Plan Program targeted at assisting students and families in managing their higher education costs. The bill seeks to create a specific fund managed by the Pennsylvania Higher Education Assistance Agency to facilitate these delayed payment plans. By implementing this program, the state hopes to alleviate some of the financial strain that students face when pursuing higher education, particularly in managing tuition and fees over time.

Sentiment

Overall, the sentiment surrounding HB 827 is positive, particularly among educational advocates and financial aid experts who see the potential benefits of reduced financial stress on students. Favorable opinions highlight the bill's potential to expand educational opportunities and make college more financially viable. However, some skepticism exists regarding the program's funding and sustainability, with concerns about whether the resources allocated will be sufficient to meet the demand for delayed payment options in the long run.

Contention

Notable points of contention regarding HB 827 may arise around the implementation and effectiveness of the delayed payment program. Critics may argue about the feasibility of managing such a program within the current framework of state-funded education and whether this approach adequately addresses the root causes of financial challenges faced by students. Additionally, there could be discussions about prioritization of funding and whether alternative solutions may be more impactful in aiding students, such as direct financial assistance or scholarship programs.