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Reinstating Stafford Loans for Graduate and Professional Students.

This bill aims to restore the ability for graduate and professional students to obtain Federal Direct Stafford Loans. This means individuals pursuing higher degrees will once again have access to this type of financial aid, potentially making it easier to cover educational costs and reducing the need for more expensive private loans.
Key points
Graduate and professional students will regain access to Federal Direct Stafford Loans.
The change may help reduce student debt by providing access to more favorable government loan terms.
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Additional Information
Print number: 117_HR_4631
Sponsor: Rep. Chu, Judy [D-CA-27]
Process start date: 2021-07-22