Summary of Bill HR 4631
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.
Congressional Summary of HR 4631
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.