Professional Degree Access Restoration Act
Summary
H.R. 6677, the "Professional Degree Access Restoration Act," aims to amend the Higher Education Act of 1965. The bill seeks to reverse reductions in federal loan availability for graduate and professional students that were enacted under Public Law 119-21. The bill was introduced in the House of Representatives by Mr. Torres of New York and referred to the Committee on Education and Workforce.
Expected Effects
If enacted, this bill would restore previous levels of federal loan availability for graduate and professional students. This would primarily affect students pursuing advanced degrees, potentially increasing access to higher education for those who rely on federal loans. The changes would specifically target modifications made by Public Law 119-21.
Potential Benefits
- Increased access to graduate and professional education for students with financial needs.
- Potential boost in the number of individuals pursuing careers in fields requiring advanced degrees.
- Reversal of loan reductions may alleviate financial burden on graduate students.
- May encourage more students from diverse backgrounds to pursue higher education.
- Could lead to a more highly skilled workforce.
Potential Disadvantages
- Increased federal spending on student loans.
- Potential for increased student debt if not managed responsibly.
- May not address the root causes of high tuition costs.
- Could incentivize students to take on more debt than they can afford.
- Potential for moral hazard if students assume loans will be forgiven.
Most Disadvantaged Areas:
Constitutional Alignment
The bill aligns with the general welfare clause of the Constitution, as it aims to promote education and opportunity. Specifically, the preamble states the intention to "promote the general Welfare." Article I, Section 8 grants Congress the power to spend for the general welfare. However, the Constitution does not explicitly address federal student loan programs, leaving the specifics to legislative discretion.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).