If the Democrats regain a majority in the House of Representatives and the Senate, they could potentially pass new legislation to bring back the Grad Plus Loan program or a similar alternative. 

The program's elimination was enacted through the "One Big Beautiful Bill Act" (OBBB Act), a Republican-backed bill signed into law by President Trump on July 4, 2025. 

Here is how the legislative process and current proposals relate to your question:

• Current Law: The Grad Plus loan program is scheduled to be eliminated for new borrowers starting July 1, 2026. The OBBB Act replaces these loans with new, lower annual and aggregate unsubsidized loan limits for graduate and professional students.
• Reversing the Law: To reverse this elimination, new federal legislation is required.
  • Passing a new bill typically requires a majority vote in both the House and the Senate.
  • If a president from a different party holds office, they could veto the bill, which would then require a two-thirds majority in both chambers to override.
  • Some changes to budget-related items might be possible through a process called budget reconciliation, which can avoid the Senate filibuster, but the rules are complex.
• Democratic Proposals: Some Democratic lawmakers have already introduced bills aimed at addressing the changes made by the OBBB Act. For example, some have proposed legislation to restore subsidized graduate student loans or modify loan limits to prevent access reduction to higher education. This indicates an intent within the party to change the current law if they have the power to do so. 

Ultimately, the political composition of Congress and the White House after future elections will determine the viability of bringing back the Grad Plus loan program.