In a sweeping move, House GOP members have introduced a reconciliation bill aimed at reforming higher education funding, including a proposal for $330 billion in cuts to various higher education programs. The new plan, unveiled by Chairman Walberg, seeks to overhaul the student loan system, reducing repayment plan options and extending repayment periods to as long as 30 years for borrowers. Key proposals include significant changes to Pell Grants and the elimination of Grad Plus Loans, raising concerns about affordability for students. The Republicans are also introducing a College Cost Reduction Act to replace current income-based repayment programs. As the bill is set for markup, discussions surrounding its potential impacts on American families and student borrowers continue, with critics warning of a negative effect on education accessibility.