This bill would remove federal borrowing limits on Direct PLUS Loans for graduate and professional students, allowing them to borrow up to the full cost of attendance without a cap. Currently, these loans are subject to aggregate limits that restrict how much graduate students can borrow in total. The legislation amends the Higher Education Act of 1965 to eliminate these restrictions and restore broader access to federal borrowing for advanced degree programs. The bill would primarily affect graduate and professional students pursuing advanced degrees, as well as the institutions and lenders involved in the federal student loan program. No specific funding amounts or implementation timelines beyond the effective date are specified in the legislation.