The Higher Education Act of 1965 is a landmark piece of legislation aimed at increasing access to higher education for all Americans, particularly those from disadvantaged backgrounds. It established federal funding for colleges and universities, created financial aid programs such as Pell Grants and federal student loans, and sought to improve educational opportunities and affordability. This act is significant in the context of the Great Society and the War on Poverty as it reflects the government's commitment to reducing economic inequality through educational advancement.