H 1444
An Act relative to higher education financial literacy counseling
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- Passed House
- Passed Senate
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Bill overview
This bill requires public colleges and universities in Massachusetts to provide comprehensive financial literacy counseling to students who have been accepted for admission. The counseling aims to help students understand financial aid options, budgeting, student loans, and other important financial matters related to higher education. The goal is to equip students with the knowledge and skills needed to make informed financial decisions during and after their college years. This legislation builds upon previous attempts to address this need.
Key provisions
- Public colleges and universities must offer financial literacy counseling.
- Counseling must cover topics such as financial aid, budgeting, and student loans.
- The counseling should be available to accepted students.
- Institutions will need to develop and implement financial literacy programs.
- The counseling must be provided by qualified professionals.
Who is affected
- Students attending public colleges and universities in Massachusetts
- Public colleges and universities in Massachusetts
- Families of students attending public colleges and universities
Notable changes
- This bill mandates financial literacy counseling, expanding upon previous efforts.
- It specifies the topics that must be covered in the counseling.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Jr. Bradley H. Jones
Cosponsors
Alyson M. Sullivan-Almeida
Jr. Bradley H. Jones
Kelly W. Pease
Arguments in favor
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Bill H.1444 194th (Current)
An Act relative to higher education financial literacy counseling
By Representative Jones of North Reading, a petition (accompanied by bill, House, No. 1444) of Bradley H. Jones, Jr., and others relative to financial literacy counseling for students accepted at public institutions of higher education. Higher Education.
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Bill Information
Bill Information
Presenter: Bradley H. Jones, Jr.
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Bill History Petitioners
Bill History
Displaying 4 actions for Bill H.1444
| Date | Branch | Action |
| 2/27/2025 | House | Referred to the committee on Higher Education |
| 2/27/2025 | Senate | Senate concurred |
| 7/7/2025 | Joint | Hearing scheduled for 07/18/2025 from 01:00 PM-05:00 PM in A-2 |
| 10/27/2025 | House | Accompanied a new draft, see H4652 |
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