The Higher Education Act of 1965 was signed into law on Nov. 8, 1965 by President Lyndon B. Johnson as part of his ‘Great Society’ domestic agenda. It was enacted “to strengthen the educational resources of our colleges and universities and to provide financial assistance for students in postsecondary and higher education.”
Would-be college students suddenly found themselves with more opportunity as scholarships were created and low-interest loans were offered through the Higher Education Act. President Johnson was adamant about secondary education becoming one of the top priorities in America.
Originally proposed to the House of Representatives on January 19, 1965, it only took 11 months to navigate the halls of Congress and be signed into law. The Act is classified as Public Law 89-329.
The Higher Education Act of 1965 carried six different goals:
Options are available to help
Most people do not realize that there are programs designed to help those who may be struggling with their student loan payments. Thousands of borrowers have trusted Ameritech Financial to be their advocate. Click here to find out what options are available. Our services could help you get back on track.Get Started Learn More