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ED/OPE RIN: 1840-AD69 Publication ID: Spring 2021 
Title: ●Income Contingent Repayment 
Abstract:

The Higher Education Act of 1965 allows the Secretary of Education to create or adjust an income-contingent repayment plan to cap borrower payments at a set share of their income. The Department would be considering improvements to these plans.

 
Agency: Department of Education(ED)  Priority: Economically Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Prerule Stage 
Major: Yes  Unfunded Mandates: No 
CFR Citation: 34 CFR 685   
Legal Authority: 20 U.S.C. 1087e   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Notice of Intent to Commence Negotiated Rulemaking  06/00/2021 
NPRM  06/00/2022 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: Undetermined 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Jennifer Hong
Director, Policy Coordination Group
Department of Education
400 Maryland Avenue SW, Room 287-23,
Washington, DC 20202
Phone:202 453-7805
Email: jennifer.hong@ed.gov