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Proposed Rule2024-077262024-04-17

Student Debt Relief for the William D. Ford Federal Direct Loan Program (Direct Loans), the Federal Family Education Loan (FFEL) Program, the Federal Perkins Loan (Perkins) Program, and the Health Education Assistance Loan (HEAL) Program

Education Department

Abstract

The Secretary proposes to amend the regulations related to the Higher Education Act of 1965, as amended (HEA) to provide for the waiver of certain student loan debts. In this NPRM, the Department proposes regulations, in accordance with the Secretary's authority to waive repayment of a loan provided by the HEA, to provide targeted debt relief as part of efforts to address the burden of student loan debt. The proposed regulations would modify the Department's existing debt collection regulations to provide greater specificity regarding certain non-exhaustive situations in which the Secretary may exercise discretion to waive all or part of any debts owed to the Department.

Action & Dates

Action
Notice of proposed rulemaking (NPRM).
Dates
We must receive your comments on or before May 17, 2024.

CFR References

Topics

Administrative practice and procedureClaimsColleges and universitiesIncome taxesLoan programs-educationReporting and recordkeeping requirementsStudent aidVocational education

Public Comment

Comments Close
2024-05-17

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of Education 34 CFR Parts 30 and 682 [Docket ID ED-2023-OPE-0123] RIN 1840-AD93 ( printed page 27564) AGENCY: Office of Postsecondary Education, Department of Education. ACTION: Notice of proposed rulemaking (NPRM). SUMMARY: The Secretary proposes to amend the regulations related to the Higher Education Act of 1965, as amended (HEA) to provide for the waiver of certain student loan debts. In this NPRM, the Department proposes regulations, in accordance with the Secretary's authority to waive repayment of a loan provided by the HEA, to provide targeted debt relief as part of efforts to address the burden of student loan debt. The proposed regulations would modify the Department's existing debt collection regulations to provide greater specificity regarding certain non-exhaustive situations in which the Secretary may exercise discretion to waive all or part of any debts owed to the Department. DATES: We must receive your comments on or before May 17, 2024. ADDRESSES: For more information regarding submittal of comments, please see SUPPLEMENTARY INFORMATION . Comments must be submitted via the Federal eRulemaking Portal at Regulations.gov. However, if you require an accommodation or cannot otherwise submit your comments via Regulations.gov, please contact Rene Tiongquico at (202) 453-7513 or by email at Rene.Tiongquico@ed.gov . Federal eRulemaking Portal: Please go to www.regulations.gov to submit your comments electronically. Information on using Regulations.gov, inc

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Related Documents

Other Federal Register documents from the same docket.

Full Document

Citation: 89 FR 27564