House Republicans are considering new legislation that would impose taxes on scholarships and alter student loan programs, raising concerns among educational advocates. Proposed changes threaten to increase costs for student borrowers and dismantle existing consumer protections, particularly affecting graduate students who rely on the Lifetime Learning Credit. In a bid to force wealthy universities to better invest in student needs, Congressman Lawler has reintroduced the Endowment Accountability Act. Additionally, Republican lawmakers, including Joyce, suggest that private colleges and universities should face higher taxes on their investment incomes. This move has drawn criticism, with some stating that it could lead to detrimental outcomes for students and higher education institutions.