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HR 7488118th CongressFailed / ExpiredHouse

Degrees Not Debt Act of 2024

Policy Area: Education
View on Congress.gov
Origin Chamber
House
Last Updated
Jul 21, 2025
Latest Action Date
Feb 29, 2024

Latest Action

Referred to the House Committee on Education and the Workforce.

Official Summary

Official summary has not been imported yet.

GovScope Watchdog™

AI Government Intelligence™
Executive Summary

The Degrees Not Debt Act of 2024 is a proposed bill introduced in the 118th Congress aimed at addressing issues related to student debt and higher education financing. Although the official summary and full text are not available, the bill was referred to the House Committee on Education and the Workforce, indicating its focus on education policy. The bill's status is marked as failed or expired, meaning it did not advance to become law during the 118th Congress.

Bottom Line

This bill sought to reform aspects of student debt and higher education financing but did not progress beyond committee referral in the 118th Congress.

Policy Risk Level
🟡 Medium
Neutral Risk Assessment
Key Points
  • The bill is titled 'Degrees Not Debt Act of 2024' and was introduced in the House of Representatives.
  • It was referred to the House Committee on Education and the Workforce on February 29, 2024.
  • The bill did not advance and is currently classified as failed or expired.
Who Benefits?

Potential beneficiaries would likely include students, educational institutions, and possibly federal agencies involved in education and student loan management, though specific provisions are not available to confirm this.

Potential Concerns

Due to the absence of the full bill text and official summary, it is not possible to assess implementation challenges, cost implications, authority delegation, or oversight mechanisms related to the bill.

Political Context

The bill was introduced during the 118th Congress and referred to the relevant House committee responsible for education policy. Its failure to advance suggests it did not gain sufficient legislative support or priority during the session.

Hidden Impact Review

Hidden impact flags detected: 1

GovScope reviewed 1 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.

1 Detected
Detected Flags
Indirect Effects

Without specific provisions, indirect effects cannot be determined; however, bills addressing student debt typically influence higher education affordability, federal loan programs, and potentially labor market outcomes.

GovScope Watchdog Notes

Transparency is limited due to missing official summary and full text, which restricts public understanding and oversight. The bill's failure to progress also limits the availability of legislative analysis and debate records.

Passage Likelihood: LowConfidence: 40%Model: gpt-4.1-mini

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