Congress’s sweeping budget reconciliation bill — H.R. 1, the “One Big Beautiful Bill” — fundamentally reshapes federal student aid. For Virginia’s economy, these federal changes threaten to shrink the talent pipeline that powers our workforce.
Chris Peace
Chris Peace is President, Council of Independent Colleges in Virginia, Inc.
Private colleges, public purpose: Securing Virginia’s economic future through nonprofit higher education
State leaders have a unique opportunity to provide certainty for students and families of private colleges by creating a stable funding environment where colleges can thrive.
The value-driven impact of Virginia’s private colleges
A new report shows that Virginia’s nonprofit colleges employ nearly 30,000 people statewide and generate $4.6 billion in economic output.


