EducationAdministrative law and regulatory proceduresHigher educationSenateGovernment lending and loan guaranteesLegislative rules and procedureStudent aid and college costsDepartment of Education
Why This Matters
This resolution nullifies the Department of Education's recent changes to federal student loan programs, which aimed to improve repayment options and support for borrowers.
If you are a graduate student, this resolution removes new protections and repayment options that could help manage your loans better.
Who this affects
graduate students · professional students · borrowers struggling with loan repayment
What does this resolution do?
1This resolution removes new limits on federal student loans for graduate and professional students.
2It eliminates the new repayment plans designed to simplify loan repayment for borrowers.
3The resolution also stops the second chance for borrowers in default to rehabilitate their loans.
4By disapproving this rule, Congress allows the existing complex loan repayment options to remain in place.