Department of Education Extends Enrollment Window for Key Student Loan Repayment Plans
January 15, 2025
January 15, 2025
WASHINGTON, Jan. 15 (TNSFR) -- The U.S. Department of Education has finalized a rule extending the eligibility for Income-Contingent Repayment (ICR) and Pay As You Earn (PAYE) student loan plans until July 1, 2027. This extension follows an interim final rule issued in November 2024 and addresses compliance issues with the Higher Education Act's requirement to offer income-based repayment options.
The decision stems from legal challenges preventing the implementation of the Sa . . .
The decision stems from legal challenges preventing the implementation of the Sa . . .