Publication Date
January 11, 2023
Posted Date
January 11, 2023
Subject
Improving Income-Driven Repayment for the William D. Ford Federal Direct Loan Program
FR Type
Notice of Proposed Rulemaking (NPRM)
NPRM Comment Due Date
February 10, 2023
The Secretary proposes to amend the regulations governing income-contingent repayment plans by amending the Revised Pay as You Earn (REPAYE) repayment plan, and to restructure and rename the repayment plan regulations under the William D. Ford Federal Direct Loan (Direct Loan) Program, including combining the Income Contingent Repayment (ICR) and the Income-Based Repayment (IBR) plans under the umbrella term of "Income-Driven Repayment (IDR) plans."
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