In this Notice of Proposed Rulemaking (NPRM), the Secretary proposes to amend the regulations governing seven topics related to student loans administered by the U.S. Department of Education, including:
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Borrower Defense to Repayment
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Public Service Loan Forgiveness
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Interest Capitalization
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Closed School Loan Discharges
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Total and Permanent Disability Loan Discharges
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False Certification Discharges
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Predispute Arbitration
The proposed changes are intended to bring greater transparency and clarity and improve the administration of Federal student financial aid programs to assist and protect students, participating institutions, and taxpayers.
The Department seeks public comments on these regulations no later than 30 days following publication of this NPRM in the Federal Register.
To view this Federal Register publication, click here.