Effective July 1, 2009, the income-based repayment (IBR) plan, a provision in the CCRAA, will be available for FFELP and Direct Loan borrowers experiencing a “partial financial hardship.
>> Read more about resources for implementing IBR
An important first step in the budget resolution process occurred during the May 22 House Education Committee hearing on Student Loan Reform.
>> Read more about the May 22 Education Committee hearing
As we reported earlier, the U.S. Department of Education (ED) established five negotiated rulemaking committees for drafting proposed regulations on the Higher Education Opportunity Act (HEOA).s
>> Read more about the outcome of negotiated rulemaking
