The U.S. Department of Education’s Office of Postsecondary Education announced that it will hold virtual public hearings on June 23 and 24 (a previous session was also held on June 21) to receive stakeholder feedback on potential issues for future rulemaking sessions.These issues include borrower defense to repayment for students harmed by their colleges’ misleading practices and gainful employment requirements to protect students and taxpayers from poor-performing programs. They also include loan repayment and improving the rules governing targeted student loan cancellation authorities for borrowers engaged in public service, with disabilities, or whose institutions close, among other topics.This process of issuing new regulations reflects the Department’s commitment to serving students and borrowers well and protecting them from harmful programs and practices that may derail their postsecondary and career goals. “The Department of Education’s primary responsibility is to serve students and borrowers,” said Education Secretary Miguel Cardona. “That means taking a fresh look at a range of regulations to make sure they are not creating unnecessary barriers, but instead can ensure that institutions and programs serve our students well.”The Department is interested in comments on regulations that would address gaps in postsecondary outcomes, such as retention, completion, student loan repayment, and loan default. Specific consideration to disparate impacts by income, race/ethnicity, gender, and other demographic characteristics is encouraged. This announcement is the first step in the process of issuing new regulations. Following the public hearings, the Department will solicit nominations for non-federal negotiators who can serve on the negotiated rulemaking committees, which will convene in late summer 2021.
The U.S. Department of Education’s Office of Postsecondary Education announced today that it will hold virtual public hearings on June 23 and 24 to receive stakeholder feedback on potential issues for future rulemaking sessions.Register To AttendMore Info