ED Launching Rulemaking Process to Streamline Student-Loan Programs
Published April 07, 2025
By AACOM Government Relations
Financial Aid
OME Advocate
- On Thursday, April 3, 2025, ED announced a rulemaking process to overhaul multiple federal student aid and loan repayment programs, including the Public Service Loan Forgiveness Program, the Pay As You Earn (PAYE) Repayment plan, and the Income-Contingent Repayment (ICR) plan.
- ED shared it was inviting public feedback as it evaluated ways to “streamline” student-loan assistance programs, including for public-service workers and low-income borrowers, with the aim of creating “efficiencies for students, institutions, and key stakeholders.” The deadline for public comment is Monday, May 5, 2025.
- The Department will also host two public hearings: an in-person meeting on Tuesday, April 29, 2025, and a virtual hearing on Thursday, May 1, 2025. For more information on the rulemaking and public hearings, visit ED’s negotiated rulemaking page.
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