S. 1948 — Introduced in Senate

II 119th CONGRESS 1st Session S. 1948 IN THE SENATE OF THE UNITED STATES June 4, 2025 Mr. Padilla (for himself, Mr. Booker, Ms. Duckworth, Mr. Kim, Mr. Van Hollen, and Mr. Wyden) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions 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. 1. Short title This Act may be cited as the Protecting Our Students by Terminating Graduate Rates that Add to Debt Act or the POST GRAD Act. 2. Reinstatement of authority to make Federal Direct Stafford Loans to graduate and professional students Section 455(a)(3) of the Higher Education Act of 1965 (20 U.S.C. 1087e(a)(3)) is amended— (1) in the paragraph heading, by inserting Temporary before Termination; and (2) in subparagraph (A), in the matter preceding clause (i), by inserting , and ending on or before June 30, 2023 after 2012. 3. Inapplicability of rulemaking requirements The amendments made by this Act shall not be subject to the requirements of section 482(c) or 492 of the Higher Education Act of 1965 (20 U.S.C. 1089(c); 1098a).