# 119-s-4269: Restoring College Access and Affordability Act

119-s-4269, Restoring College Access and Affordability Act, is a 119th Congress bill sponsored by Sen. Blumenthal, Richard [D-CT] (D-CT); status introduced; PRIA reads it as touching household money (as of 2026-06-14).

- Canonical: https://policyrisk.com/legislation/119-s-4269
- As of: 2026-06-14
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4269
- Congress: 119
- Title: Restoring College Access and Affordability Act
- Status: introduced
- Introduced: 2026-03-26
- Sponsor: Sen. Blumenthal, Richard [D-CT] (D-CT)
- Cosponsors: 7
- Policy area: Education
- Touches household money: yes
- Last recorded action: 2026-06-14

## Summary

**Would reverse major student-loan and higher-education changes made by Public Law 119-21.** The bill would restore prior loan limits and repayment rules, return Pell Grant eligibility to the pre-119-21 framework, remove statutory delays for borrower-defense and closed-school discharges, redefine program units under a new "covered educational program" concept, and add a new endowment-income excise tax for private colleges.

## Cosponsors (7)

- Sen. Luján, Ben Ray [D-NM] (D-NM), 2026-03-26T00:00:00.000Z
- Sen. Booker, Cory A. [D-NJ] (D-NJ), 2026-03-26T00:00:00.000Z
- Sen. Merkley, Jeff [D-OR] (D-OR), 2026-03-26T00:00:00.000Z
- Sen. Alsobrooks, Angela D. [D-MD] (D-MD), 2026-03-26T00:00:00.000Z
- Sen. Kaine, Tim [D-VA] (D-VA), 2026-03-26T00:00:00.000Z
- Sen. King, Angus S., Jr. [I-ME] (I-ME), 2026-04-29T00:00:00.000Z
- Sen. Sanders, Bernard [I-VT] (I-VT), 2026-06-11T00:00:00.000Z

## Provisions PRIA read

- Restore earlier student loan rules: benefit, high. This bill would restore earlier federal student loan rules when it is enacted. It would put back the prior repayment rules and the old deferment and forbearance rules. It would also restore prior loan limits and earlier Public Service Loan Forgiveness paths. The bill would remove recent delays so b…
- Restore Pell Grant rules for students: benefit, high. This bill would restore prior Federal Pell Grant eligibility rules if enacted. It would also undo a recent exclusion so Pell Grants interact with other grant aid the way they did before. If passed, more low- and moderate-income students could see changes in who qualifies or how much grant aid they…
- New rules for college program eligibility: cost, medium. This bill would change which programs count toward low-earning outcome tests. It would replace the term "educational program" with "covered educational program" and define that term to include certificate programs and programs awarding associate, bachelor's, or graduate degrees. If enacted, more ki…
- Endowment tax on private colleges: cost, low. This bill would set the private college endowment excise tax rate at 1.4 percent. The tax would apply to the net investment income base under current law. If enacted, the new rate would apply to taxable years beginning after December 31, 2025. This creates a recurring tax liability for affected pri…

## Related bills

- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-5108: Right to IVF Act of 2026
- 119-s-1503: Equality Act
- 119-s-2295: Child Care for Working Families Act
- 119-s-852: Richard L. Trumka Protecting the Right to Organize Act of 2025
- 119-sres-854: A resolution designating September 2026 as "National Voting Rights Month".

## Sources
- [119-s-4269 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4269)

## Related
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-5108: Right to IVF Act of 2026](https://policyrisk.com/legislation/119-s-5108)
- [119-s-1503: Equality Act](https://policyrisk.com/legislation/119-s-1503)
- [119-s-2295: Child Care for Working Families Act](https://policyrisk.com/legislation/119-s-2295)
- [119-s-852: Richard L. Trumka Protecting the Right to Organize Act of 2025](https://policyrisk.com/legislation/119-s-852)
- [119-sres-854: A resolution designating September 2026 as "National Voting Rights Month".](https://policyrisk.com/legislation/119-sres-854)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4269 (as of 2026-06-14).