S 2877 United States Senate · 118th Congress

Earn to Learn Act

The Earn to Learn Act creates a federal grant program for states and nonprofits to run matched savings accounts for low-income students pursuing college or career training. For every dollar a student or family saves in a designated account, the program matches it with $8, helping build savings without increasing debt. The initiative also requires financial education and coaching to improve money management skills and reduce reliance on student loans. It targets students at eligible colleges and career training programs, aiming to minimize debt and improve long-term financial stability.
Bill status in committee 1 of 4 stages cleared
Introduction
Sep 2023
Committee Review
Floor Vote
President
Introduced Sep 21, 2023 Last action Sep 21, 2023
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Sep 21, 2023
Committee
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
upper
Sep 21, 2023
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor

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