Policy Impact Analysis - 117/HR/7461

Bill Overview

Title: CBE Act of 2022

Description: 2022 This bill creates a framework under which students participating in competency-based education programs may receive federal student aid. Competency-based education refers to education that measures academic progress and attainment (1) by direct assessment of the student's mastery of competencies, (2) by expressing the student's mastery of competencies in terms of equivalent credit or clock hours, or (3) through a combination of both methods in addition to credit or clock hours. The bill also prohibits the Department of Education from enforcing certain regulations related to the definition of credit hour.

Sponsors: Rep. Grothman, Glenn [R-WI-6]

Target Audience

Population: Students in competency-based education programs

Estimated Size: 1000000

Reasoning

Simulated Interviews

Software Developer (Austin, Texas)

Age: 28 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 8/20

Statement of Opinion:

  • The policy will allow me to afford my studies better while working full-time.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 6
Year 2 8 6
Year 3 9 7
Year 5 9 7
Year 10 8 6
Year 20 7 5

College Student (Los Angeles, California)

Age: 19 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 4.0 years

Commonness: 6/20

Statement of Opinion:

  • This seems like a great opportunity to transition to a program that suits my learning style.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 6
Year 5 8 5
Year 10 7 5
Year 20 7 4

Nurse (Chicago, Illinois)

Age: 35 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 6.0 years

Commonness: 7/20

Statement of Opinion:

  • Federal aid makes this more feasible financially, allowing me to complete my qualifications sooner.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 7 5
Year 10 6 5
Year 20 6 4

Retail Manager (Miami, Florida)

Age: 42 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 5/20

Statement of Opinion:

  • This could remove financial barriers for me to return to school.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 5
Year 2 8 5
Year 3 8 5
Year 5 8 5
Year 10 7 4
Year 20 6 4

Freelance Designer (Seattle, Washington)

Age: 30 | Gender: other

Wellbeing Before Policy: 8

Duration of Impact: 2.0 years

Commonness: 4/20

Statement of Opinion:

  • This policy provides a safety net and could attract more students like me to CBE.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 9 8
Year 5 9 8
Year 10 8 7
Year 20 8 7

Undergraduate Student (New York, New York)

Age: 23 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 9/20

Statement of Opinion:

  • This could make the transition financially viable for me.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 8 5
Year 5 8 5
Year 10 7 5
Year 20 6 5

Engineer (Denver, Colorado)

Age: 34 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 4.0 years

Commonness: 5/20

Statement of Opinion:

  • With federal aid available, CBE becomes a much more appealing option.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 9 7
Year 5 8 7
Year 10 7 6
Year 20 6 6

Teacher (Boston, Massachusetts)

Age: 50 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 7/20

Statement of Opinion:

  • The policy might just make a career shift feasible for me.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 6
Year 5 8 6
Year 10 7 5
Year 20 6 4

Entrepreneur (San Francisco, California)

Age: 29 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 6/20

Statement of Opinion:

  • More financial support is always welcome, makes studying less stressful.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 8 7
Year 5 9 7
Year 10 8 6
Year 20 7 6

Manufacturing Worker (Detroit, Michigan)

Age: 45 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 4.0 years

Commonness: 5/20

Statement of Opinion:

  • This policy might be key to my career development plans.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 5
Year 2 8 5
Year 3 8 6
Year 5 8 6
Year 10 7 5
Year 20 6 5

Cost Estimates

Year 1: $350000000 (Low: $300000000, High: $400000000)

Year 2: $375000000 (Low: $325000000, High: $425000000)

Year 3: $390000000 (Low: $340000000, High: $440000000)

Year 5: $410000000 (Low: $370000000, High: $470000000)

Year 10: $450000000 (Low: $400000000, High: $500000000)

Year 100: $0 (Low: $0, High: $0)

Key Considerations