Graduate Opportunity and Affordable Loans Act

# Graduate Opportunity and Affordable Loans Act Summary **What the Bill Would Do** This bill would significantly restrict federal student lending for graduate and professional students by eliminating PLUS Loans (a flexible borrowing option with higher limits) and capping how much students can borrow through standard federal loans. Graduate students would be limited to $65,000 in additional borrowing, while professional students (like those in law or medical school) would be capped at $130,000 beyond what they borrowed for undergraduate studies. These changes would take effect on June 30, 2025. **Who It Affects** The bill directly impacts graduate and professional students pursuing advanced degrees, particularly those who rely on federal loans to finance their education.

It could affect millions of students across the country and may influence enrollment patterns in graduate programs, especially expensive fields like medicine and law. Universities would need to inform current and prospective students about these changes. **Current Status** The bill is currently in committee and has not yet been voted on by the full Senate. Sponsor Senator Tommy Tuberville (R-AL) introduced it in the 119th Congress, but it has not advanced further in the legislative process.