Sen. Marco Rubio has teamed with his colleague Sen. Chris Coons to introduce re-introduce legislation designed to help low-income and at risk students. The Florida Republican and Delaware Democrat launched the American Dream Accounts Act that would provide increased access to a college education.
The two senators joined with Opportunity Nation, a group promoting educational and employment opportunities for youth, to announce the introduction of the legislation. Joining them at the announcement was Opportunity Nation executive director, Monique Rizer.
“I was happy to join Senator Coons and Opportunity Nation today to announce the reintroduction of American Dream Accounts Act,” said Rubio. “Since its inception, America has been a unique nation where anyone from anywhere can do anything. We must keep it that way and I believe one way to do that is to provide more pathways for children to attend college.”
The legislation authorizes the Department of Education to award three-year competitive grants that would support innovation and partnerships supporting low-income students preparing for a college education. Those grants would fund personal online accounts and open college savings accounts for eligible students as well as supporting college-readiness efforts.
“If we want to ensure that American workers can compete in the global economy, we must ensure that every child has an equal opportunity to access higher education,” said Coons. “The American Dream Accounts Act would bridge the opportunity gap by connecting students, teachers, parents, and mentors to create a new generation of higher education achievers through streamlining resources that would allow young people to prepare for, save for, train for, and achieve their dreams for their futures.”
In addition to Opportunity Nation, the legislation is endorsed by other state and national affiliates such as the First Focus Campaign for Children, Corporation for Enterprise Development, the National PTA and others.
“We are proud to endorse the American Dream Accounts Act sponsored by Senators Coons and Rubio, which provides an evidence based, collaborating solution to ensuring more young people have access and complete their post-secondary education, which is critical in the 21st century workforce,” said Rizer.
While the senators are generally drawing kudos for the bill, not everyone thinks this is a good idea. Responses on Rubio’s Facebook page used terms like “RINO” (Republican in Name Only) and “Rubio is really a Democrat.” Others offered the Bernie Sanders approach that college should be free.
The bill was assigned to the Senate Health, Education, Labor and Pensions Committee.