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Bill > S1948


US S1948

US S1948
POST GRAD Act Protecting Our Students by Terminating Graduate Rates that Add to Debt Act


summary

Introduced
06/04/2025
In Committee
06/04/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A bill to amend the Higher Education Act of 1965 to reinstate the authority of the Secretary of Education to make Federal Direct Stafford Loans to graduate and professional students.

AI Summary

This bill, known as the "POST GRAD Act," aims to restore the Secretary of Education's ability to provide Federal Direct Stafford Loans to graduate and professional students. Specifically, the bill amends Section 455(a)(3) of the Higher Education Act of 1965 by modifying language to extend the loan program's authority through June 30, 2023. The legislation adds the word "TEMPORARY" to the existing termination clause and updates the date restrictions. By doing so, the bill ensures that graduate and professional students can continue to access federal student loans during this period. Additionally, the bill includes a provision that exempts these amendments from certain administrative rulemaking requirements, which could expedite the implementation of the loan program extension. The primary goal is to provide continued financial support for students pursuing advanced degrees by maintaining the federal direct loan program for graduate and professional students.

Committee Categories

Health and Social Services

Sponsors (7)

Last Action

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S3235-3236) (on 06/04/2025)

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