A modest investment by the General Assembly can prevent that disruption at a moment when students and families already face substantial uncertainty from changes in federal student aid policy enacted in last summer’s reconciliation law, the “One Big Beautiful Bill Act.”
Chris Peace
Chris Peace is President, Council of Independent Colleges in Virginia, Inc.
Private college group: Virginia cannot afford to fall behind in talent development
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.
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.

