This bill directs the Secretary of Education to establish a Public Service Educational Assistance Program that would provide tuition, fees, and books coverage for dependents of public service employees who have completed at least 20 years of service. The program would benefit families of full-time first responders, teachers, and social workers employed by government agencies. Eligible dependents could receive educational assistance for up to four academic years at public colleges, universities, or public training programs, and they could use these benefits alongside other federal student aid without affecting the parent's retirement or employment benefits. The assistance would be tax-exempt and would take effect one year after the bill's enactment. The legislation does not specify the total funding amount for the program, leaving implementation details to be determined through regulations established by the Department of Education.