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ED/OPE | RIN: 1840-AD69 | Publication ID: Spring 2022 |
Title: Improving Income-Driven Repayment [1840-AD69], Implementing Statutory Changes to Pell Grants for Incarcerated individuals [1840-AD54] and 90/10 [1840-AD55] and Clarifying Rules on Changes in Ownership | |
Abstract:
Using the income-contingent repayment (ICR) authority under the Higher Education Act of 1965, the Secretary of Education may create or adjust income-driven repayment plans to cap borrower payments at a set share of their income. The Department will propose improvements to these plans in 34 CFR part 685. |
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Agency: Department of Education(ED) | Priority: Economically Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: Yes | Unfunded Mandates: No |
CFR Citation: 34 CFR 685 | |
Legal Authority: 20 U.S.C. 1087e |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: Undetermined |
Federalism: Undetermined | |
Included in the Regulatory Plan: Yes | |
RIN Data Printed in the FR: No | |
Agency Contact: Scott Prince Department of Education Office of Postsecondary Education 400 Maryland Avenue SW, Washington, DC 20202 Phone:202 453-5568 Email: scott.prince@ed.gov |