[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 10206 Introduced in House (IH)]

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119th CONGRESS
  2d Session
                               H. R. 10206

To amend the Higher Education Act of 1965 to terminate Federal student 
 loan limits and restore the availability of Federal Direct PLUS Loans 
                for graduate and professional students.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 1, 2026

 Mr. Figures introduced the following bill; which was referred to the 
                  Committee on Education and Workforce

_______________________________________________________________________

                                 A BILL


 
To amend the Higher Education Act of 1965 to terminate Federal student 
 loan limits and restore the availability of Federal Direct PLUS Loans 
                for graduate and professional students.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Restoring Opportunity for Advanced 
Education Act''.

SEC. 2. TERMINATION OF LOAN LIMITS AND RESTORATION OF FEDERAL DIRECT 
              PLUS LOANS FOR GRADUATE AND PROFESSIONAL STUDENTS.

    (a) In General.--Section 455(a) of the Higher Education Act of 1965 
(20 U.S.C. 1087e(a)) is amended--
            (1) in paragraph (3)--
                    (A) in the paragraph heading, by striking ``and 
                federal direct plus loans'';
                    (B) in subparagraph (A)--
                            (i) by striking the heading for 
                        subparagraph (A) and inserting the following: 
                        ``In general'';
                            (ii) in the matter preceding clause (i), by 
                        inserting before the dash at the end the 
                        following: ``, for any period of instruction 
                        beginning on or after July 1, 2012'';
                            (iii) in clause (i), by striking ``for any 
                        period of instruction beginning on or after 
                        July 1, 2012,''; and
                            (iv) in clause (ii), by striking ``for any 
                        period of instruction beginning on July 1, 
                        2012, and ending on June 30, 2026,''; and
                    (C) by striking subparagraph (C);
            (2) by striking paragraphs (4) and (6); and
            (3) by redesignating paragraph (5), (7), and (8) as 
        paragraphs (4), (5), and (6), respectively.
    (b) Technical and Conforming Amendments.--Section 455(a) of the 
Higher Education Act of 1965 (20 U.S.C. 1087e(a)), as amended by 
subsection (a), is further amended--
            (1) in paragraph (4), as redesignated by subsection (a), by 
        striking ``paragraph (8)'' and inserting ``paragraph (6)'' both 
        places the term appears; and
            (2) in paragraph (6), as redesignated by subsection (a), by 
        striking ``Paragraphs (3)(C), (4), (5), and (6) shall not 
        apply, and paragraph (3)(A)(ii) shall apply as such paragraph 
        was in effect for periods of instruction ending before June 30, 
        2026,'' and inserting ``Paragraph (4) shall not apply''.
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