Tag: Student

The Physician Assistant Higher Education Modernization Act of 2021 (HR 2274) was introduced to the House of Representatives on March 29, 2021, by California’s 37^th district representative, Karen Bass. The bill aims to amend the Higher Education Act of 1965 to expand education opportunities for physician assistant students and physician assistants. Some advantages of HR 2274 include (1.) increasing Subsidized Stafford Loan (SSL) limits and loan forgiveness programs (2.) increasing grants awarded to historically black colleges and universities (HBCUs) and Hispanic programs (3.) increasing enrollment of minorities and students from rural areas in PA programs and postbaccalaureate PA programs.

Over the years the cost of higher education has increased while salaries have remained stagnant. Millions of Americans have student debt and the number continues to rise with minorities and women being disproportionally affected¹. Tuition for PA programs continue to increase with tuitions ranging between $30,000 to over 120,000. Many PA students fund their education with student loans, specifically federal aid. Currently graduate students can apply for the Unsubsidized Stafford Loan (USL) which caps at $65,000² which is less than what most PA programs cost. If a student needs additional aid, they can apply for the GradPlus Loan which is a federal loan that requires a passed credit check. To my knowledge this is a common route students take, but for students who do not qualify private loans are the next option. Thus, increasing the SSL limits would allow students to receive loans with no or lower interest rates and forgo high interest rates that come with private loans. Furthermore, expansion of loan forgiveness programs will grant more students the ability to take advantage of these programs and minimize their education debt.