
Higher Education Opportunity Act
The Higher Education Opportunity Act (HEOA), enacted in 2008, is a law aimed at making college more accessible, affordable, and transparent for students. It sets standards for the quality of education, improves information sharing about institutions, and strengthens protections for students, such as transparency in financial aid and graduation rates. The law also promotes efforts to reduce borrowing costs and prevent fraud, ensuring students and families can make informed decisions about higher education options. Overall, it seeks to enhance the fairness, accountability, and effectiveness of the higher education system.