The main purpose of this legislation, known as the "Degrees Not Debt Act of 2025," is to increase the maximum amount of Federal Pell Grants available to students. The goal is to provide more financial support for students pursuing higher education, helping to reduce the burden of student debt. Key provisions of the legislation include a significant increase in the maximum Federal Pell Grant amount. For the award years 2026-2027 and 2027-2028, the maximum grant will be set at 4,800 per student.