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H.R. 3418: Protecting Our Students by Terminating Graduate Rates that Add to Debt Act


The text of the bill below is as of Jun 21, 2019 (Introduced).


I

116th CONGRESS

1st Session

H. R. 3418

IN THE HOUSE OF REPRESENTATIVES

June 21, 2019

(for herself, Mr. DeFazio, Ms. Schakowsky, Ms. DelBene, Mr. Soto, Mr. Peters, Mr. Vargas, Mrs. Napolitano, Mr. Grijalva, Mrs. Lawrence, Ms. Brownley of California, Mr. Swalwell of California, Ms. Moore, Mr. Kilmer, Ms. Titus, Ms. Sánchez, and Ms. Lee of California) introduced the following bill; which was referred to the Committee on Education and Labor

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, 2019 after 2012.

3.

Inapplicability of rulemaking requirements

Sections 482(c) and 492 of the Higher Education Act of 1965 (20 U.S.C. 1089(c); 1098a) shall not apply to the regulations under this Act.