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ED/OPE RIN: 1840-AD93 Publication ID: Fall 2023 
Title: ●Student Loan Relief 
Abstract:

The Department intends to amend regulations related to the authorities granted to the Secretary under 20 U.S.C. 1082(a) of the Higher Education Act of 1965, as amended, to provide relief to Federal student loan borrowers.

 
Agency: Department of Education(ED)  Priority: Section 3(f)(1) Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Yes  Unfunded Mandates: Undetermined 
CFR Citation: 34 CFR 30.1(c)(6)    34 CFR 30    34 CFR 682    34 CFR 685   
Legal Authority: 20 U.S.C. 1082(a)   
Legal Deadline:  None

Statement of Need:

This rulemaking is necessary to provide debt relief to the numerous working and middle class student loan borrowers.

Summary of the Legal Basis:

We are conducting this rulemaking under the authority in 20 U.S.C. 1082(a).

Alternatives:

We have limited information about the alternatives at this time. 

Anticipated Costs and Benefits:

We have limited information about the anticipated costs and benefits at this time. 

Risks:

We have limited information about the risks at this time.
Timetable:
Action Date FR Cite
Notice of Intent to Commence Negotiated Rulemaking  08/31/2023  88 FR 60163   
NPRM  05/00/2024 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: Undetermined 
Included in the Regulatory Plan: Yes 
Public Comment URL: www.regulations.gov  
RIN Data Printed in the FR: No 
Agency Contact:
Tamy Abernathy
Department of Education
Office of Postsecondary Education
400 Maryland Avenue SW,
Washington, DC 20202
Phone:202 987-0385
Email: tamy.abernathy@ed.gov