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Congress·In Committee·S. 4039

Professional Degree Access Restoration Act

Sen. Alsobrooks Introduces the Professional Degree Access Restoration Act to Boost Graduate Student Loans

Legislative Progress

Senate
House
President
Law

Key Points

EducationEconomy Finance

Impact Analysis

Personal Impact

Life & Work

Graduate and professional students — those pursuing degrees in fields like medicine, law, business, and education — would regain access to higher federal loan limits. This means they could borrow more from the government at lower rates with stronger borrower protections instead of being forced to rely on private lenders with fewer safeguards. The bill directly targets the roughly 3 million students enrolled in graduate and professional programs.

To amend the Higher Education Act of 1965 to reverse the reductions in Federal loan availability for graduate and professional students enacted under Public Law 119-21.
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ImpactCertaintyScopeDurationSentiment

Programs

Milestones

2 milestones2 actions
Mar 10, 2026Senate

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Mar 10, 2026

Introduced in Senate

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

Source Information

Document Type

Congressional Bill

Official Title

Professional Degree Access Restoration Act

Bill NumberS 4039
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sponsor

Cosponsors

(16)
D: 16

Analysis generated by AI. Always verify with official sources.