A bill to modify the annual and aggregate limits of Federal Unsubsidized Stafford Loans for graduate and professional students, and to terminate Federal Direct PLUS Loans for graduate and professional students, and for other purposes.

Bill 119 s 308 aims to make changes to the Federal Unsubsidized Stafford Loans for graduate and professional students. The bill seeks to adjust the annual and aggregate limits of these loans, potentially increasing the amount that students can borrow each year and over the course of their education.

Additionally, the bill proposes to terminate Federal Direct PLUS Loans for graduate and professional students. This means that these students would no longer have access to this particular type of federal loan for financing their education.

The overall goal of the bill is to make adjustments to the federal student loan program for graduate and professional students, potentially providing them with more borrowing options and potentially reducing their overall debt burden. The bill also includes provisions for other purposes related to federal student loan programs. It is important to note that this summary provides a factual overview of the key points of the bill without taking a stance on its potential impact or implications.