Blog Archives

Final Regulations for REPAYE Issued

On Oct. 27, 2015, the Department of Education issued a final regulation establishing a new income-driven repayment plan, the Revised Pay As You Earn (REPAYE) Plan. The REPAYE Plan will be available to borrowers starting in mid-December 2015. Let’s take more »

Tagged with: , , , ,
Posted in blog

Review: What’s Really Going to Happen With REPAYE?

Repeatedly throughout the draft rules of REPAYE (see our previous post here), the Department of Education states the desire to establish a “new widely available income-contingent repayment plan targeted to the neediest borrowers.” It becomes clear from the draft rules, more »

Tagged with: , , , ,
Posted in blog

President Obama’s Student Aid Bill of Rights

On March 10, 2015, President Obama issued and signed a “Student Aid Bill of Rights.” Improvements and changes include: (1) a state-of-the-art complaint system to ensure quality service and accountability for the Department of Education, its contractors, and colleges, (2) more »

Tagged with: , , ,
Posted in blog

Our Comment on PAYE Proposed Regulations: “Auto-PAYE”

On December 19, 2014, the Department published a notice in the Federal Register  announcing a “negotiated rulemaking committee to: (1) prepare proposed regulations to establish a new Pay as You Earn repayment plan for those not covered by the existing more »

Tagged with: , , , , , , , , ,
Posted in blog

PAYE Expansion: ED Begins the Work-in-Progress

Looks like the Department of Education is paving the road to Pay As You Earn (PAYE) expansion. The ED has announced its intent to establish a negotiated rulemaking committee (http://www.regulations.gov/#!documentDetail;D=ED-2014-OPE-0124-0001). The Summary/TL;DR As you can remember, Obama’s Presidential Memorandum issued more »

Tagged with: , , , , ,
Posted in blog