POST GRAD Act

12/31/2022, 5:05 AM

Protecting Our Students by Terminating Graduate Rates that Add to Debt Act or the POST GRAD Act

This bill authorizes graduate and professional students to receive subsidized Stafford Loans. These students have been ineligible to receive subsidized Stafford Loans since July 1, 2012.

The POST GRAD Act, also known as Bill 117 hr 4631, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to provide support and resources for recent college graduates as they transition into the workforce.

One key aspect of the POST GRAD Act is the establishment of a grant program to help recent graduates gain valuable work experience through internships and apprenticeships. This program aims to bridge the gap between education and employment by providing funding for companies to hire and train new graduates.

Additionally, the bill includes provisions to expand access to career counseling and job placement services for recent graduates. This is intended to help graduates navigate the job market and find opportunities that align with their skills and interests. Furthermore, the POST GRAD Act seeks to incentivize employers to hire recent graduates by offering tax credits and other financial incentives. By encouraging companies to invest in young talent, the bill aims to reduce unemployment rates among recent graduates and boost economic growth. Overall, the POST GRAD Act is designed to support and empower recent college graduates as they enter the workforce. By providing resources, funding, and incentives for both graduates and employers, this legislation aims to facilitate a smoother transition from education to employment.
Congress
117

Number
HR - 4631

Introduced on
2021-07-22

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

7/22/2021

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Protecting Our Students by Terminating Graduate Rates that Add to Debt Act or the POST GRAD Act

This bill authorizes graduate and professional students to receive subsidized Stafford Loans. These students have been ineligible to receive subsidized Stafford Loans since July 1, 2012.

The POST GRAD Act, also known as Bill 117 hr 4631, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to provide support and resources for recent college graduates as they transition into the workforce.

One key aspect of the POST GRAD Act is the establishment of a grant program to help recent graduates gain valuable work experience through internships and apprenticeships. This program aims to bridge the gap between education and employment by providing funding for companies to hire and train new graduates.

Additionally, the bill includes provisions to expand access to career counseling and job placement services for recent graduates. This is intended to help graduates navigate the job market and find opportunities that align with their skills and interests. Furthermore, the POST GRAD Act seeks to incentivize employers to hire recent graduates by offering tax credits and other financial incentives. By encouraging companies to invest in young talent, the bill aims to reduce unemployment rates among recent graduates and boost economic growth. Overall, the POST GRAD Act is designed to support and empower recent college graduates as they enter the workforce. By providing resources, funding, and incentives for both graduates and employers, this legislation aims to facilitate a smoother transition from education to employment.
Alternative Names
Official Title as IntroducedTo amend the Higher Education Act of 1965 to reinstate the authority of the Secretary of Education to make Federal Direct Stafford Loans to graduate and professional students.

Policy Areas
Education

Comments

Recent Activity

Latest Summary9/28/2021

Protecting Our Students by Terminating Graduate Rates that Add to Debt Act or the POST GRAD Act

This bill authorizes graduate and professional students to receive subsidized Stafford Loans. These students have been ineligi...


Latest Action7/22/2021
Referred to the House Committee on Education and Labor.