New York Times article on the Higher Education Opportunity Act

The New York Times has a nice article outlining some of the changes that will go into effect due to yesterday's passage of the Higher Education Opportunity Act (HR 4137). Some of the most visible changes are:

• Pell grants are now available year round, not just during the academic year
• Colleges must disclose all relationships with student lenders
• Bans gifts and revenue-sharing schemes between colleges and student lenders
• Textbook "bundles" must now be available as separate parts as well, no more getting stuck with buying DVDs and workbooks that you don't need for classes
• The Fafsa will be overhauled and be available in a new, two page, Fafsa-EZ format

You can read the complete article here.