Debt-Free College Act of 2026

The Debt-Free College Act of 2026 establishes a state-federal partnership that provides federal grants to states to cover the unmet financial need of eligible students attending in-state public colleges, effectively making tuition debt-free for those who qualify. To participate, states must commit to capping tuition increases at inflation levels, maintaining their current level of funding for higher education, and implementing student success programs that support low-income and underserved populations. The bill also creates a separate five-year grant program for specific minority-serving institutions and tribal colleges to help them cover student costs, while simultaneously expanding federal financial aid eligibility to include "Dreamer students" who entered the United States as minors under certain conditions.