Posted Date:June 16, 2017
|Author:||Lynn B. Mahaffie, Deputy Assistant Secretary for Policy, Planning, and Innovation|
Subject: Negotiated Rulemaking, Intent to establish negotiated rulemaking committees
On June 16, 2017, the Department published a notice in the Federal Register announcing its intent to establish two negotiated rulemaking committees to prepare proposed regulations to (1) revise the gainful employment regulations published by the Department on October 31, 2014, and (2) revise the regulations on borrower defenses to repayment of Federal student loans and other matters, published November 1, 2016, and the authority of guaranty agencies in the Federal Family Education Loan (FFEL) Program to charge collection costs to a defaulted borrower who enters into a repayment agreement with the guaranty agency.
The June 16, Federal Register notice also announced two public hearings at which interested parties may comment on the topics suggested by the Department and may suggest additional topics that should be considered for action by the negotiating committees. In addition, the notice announced that the Department will accept written comments on the topics suggested by the Department and suggestions for additional topics that should be considered for action by the negotiating committees.
As provided in the Federal Register notice, the deadline for submitting comments is Wednesday, July 12, 2017.
Information on the public hearings and how to submit comments is provided in the Federal Register notice.