H.R. 10206 – Restoring Opportunity for Advanced Education Act

AI-Generated Summary

Updated September 3, 2026 at 2:51 AM UTC

The Restoring Opportunity for Advanced Education Act would change the Higher Education Act by eliminating the caps on how much federal money a student can borrow and by making Federal Direct PLUS loans again available to graduate and professional students. The changes affect any student pursuing graduate or professional study who relies on federal loans for tuition and other costs.

Key Provisions

Eliminates all existing limits on the total amount of federal student loans a borrower can receive.
Restores eligibility for Federal Direct PLUS loans for graduate and professional students, allowing them to borrow additional funds beyond standard loan limits.
Updates the language in the law to remove outdated restrictions and references tied to specific instruction periods.

Legislative Activity

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1 earlier action

HouseIntro Referral Latest Action

Referred to the House Committee on Education and Workforce.

Education and Workforce Committee

September 1, 2026

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HouseIntro Referral

Introduced in House

September 1, 2026

HouseIntro Referral

Referred to the House Committee on Education and Workforce.

Education and Workforce Committee

September 1, 2026

Bill Text

Latest available legislative text

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Introduced in HouseIssued September 1, 2026

I

119th CONGRESS

2d Session

H. R. 10206

IN THE HOUSE OF REPRESENTATIVES

September 1, 2026

Mr. Figures introduced the following bill; which was referred to the Committee on Education and Workforce

A BILL

To amend the Higher Education Act of 1965 to terminate Federal student loan limits and restore the availability of Federal Direct PLUS Loans for graduate and professional students.

1.

Short title

This Act may be cited as the Restoring Opportunity for Advanced Education Act.

2.

Termination of loan limits and restoration of Federal Direct PLUS Loans for graduate and professional students

(a)

In General

Section 455(a) of the Higher Education Act of 1965 (20 U.S.C. 1087e(a)) is amended—

(1)

in paragraph (3)—

(A)

in the paragraph heading, by striking and federal direct plus loans;

(B)

in subparagraph (A)—

(i)

by striking the heading for subparagraph (A) and inserting the following: In general;

(ii)

in the matter preceding clause (i), by inserting before the dash at the end the following: , for any period of instruction beginning on or after July 1, 2012;

(iii)

in clause (i), by striking for any period of instruction beginning on or after July 1, 2012,; and

(iv)

in clause (ii), by striking for any period of instruction beginning on July 1, 2012, and ending on June 30, 2026,; and

(C)

by striking subparagraph (C);

(2)

by striking paragraphs (4) and (6); and

(3)

by redesignating paragraph (5), (7), and (8) as paragraphs (4), (5), and (6), respectively.

(b)

Technical and conforming amendments

Section 455(a) of the Higher Education Act of 1965 (20 U.S.C. 1087e(a)), as amended by subsection (a), is further amended—

(1)

in paragraph (4), as redesignated by subsection (a), by striking paragraph (8) and inserting paragraph (6) both places the term appears; and

(2)

in paragraph (6), as redesignated by subsection (a), by striking Paragraphs (3)(C), (4), (5), and (6) shall not apply, and paragraph (3)(A)(ii) shall apply as such paragraph was in effect for periods of instruction ending before June 30, 2026, and inserting Paragraph (4) shall not apply.