PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Higher Education and Workforce Training.
Congressional Research Service
Version 00 · Introduced in House · Jun 5, 2012
Graduate Success Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Secretary of Education to pay the interest that accrues on unsubsidized Federal Family Education Loans (FFELs) and Direct Loans (DLs) that are deferred due to a student borrower's lack of full-time employment.
Requires the Secretary to pay the interest that accrues on Federal Consolidation Loans that are in deferment due to a borrower's lack of full-time employment, provided the application for such a loan is received on or after this Act's enactment.
Directs the Secretary to pay the interest that accrues on FFELs and DLs that are subject to income-based repayment provisions and are in deferment due to a borrower's lack of full-time employment.
Limits these interest-free deferment periods to those occurring on or after this Act's enactment and covering no more than three years of full-time unemployment.
People & committees
Rep. Bass, Karen [D-CA-33] · D–CA
Legislative record
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Referred to the Subcommittee on Higher Education and Workforce Training.
Referred to the House Committee on Education and the Workforce.
Introduced in House
Introduced in House
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Mar 23, 2026. Consult Congress.gov for the current record.
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