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Higher Education Act (HEA) 1965 Signed by President Lyndon B. Johnson on November 8, 1965, as part of the "Great Society" agenda Created major federal student loan and financial aid programs for low- and middle-income students. Purpose: To enhance educational resources, increase federal funding for universities, and provide student financial aid. Key Impact: Established federal student aid programs, including Talent Search, to assist low- and middle-income students.