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The Department plans to propose improvements in areas where Congress has provided borrowers with relief or benefits related to Federal student loans. This includes authorities granted under the HEA that allow the Department to cancel loans for borrowers who meet certain criteria, such as: (a) being totally and permanently disabled; (b) attending a school that recently closed; or (c) having been falsely certified as able to benefit from a program despite not having a high school diploma or its recognized equivalent. For these borrowers, the Secretary plans to amend regulations to improve borrower eligibility, application requirements, and processes.

Statement of Need:

This rulemaking is necessary to improve areas where Congress has provided borrowers with relief or benefits related to Federal student loans, including to improve borrower eligibility, application requirements, and processes.

Summary of the Legal Basis:

We are conducting this rulemaking under 20 U.S.C. 1087; 20 U.S.C. 1087e; and 20 U.S.C. 1087dd.

Alternatives:

We have limited information about the alternatives at this time. 

Anticipated Costs and Benefits:

We have limited information about the potential cost and benefits and cannot estimate them at this time. 

Risks:

We have limited information about the risks at this time.