Search This Blog

Thursday, October 31, 2024

ACTION NEEDED: Proposed Rules on Student Debt Relief Based on Hardship (US Department of Education)

This is an opportunity for student loan debtors and their allies to voice their opinions about student loan debt relief. Tell them your stories and explain how this rule will help yourself and others. It can make a difference.  

The Secretary of Education proposes to amend the regulations related to the Higher Education Act of 1965, as amended (HEA), to provide for the waiver of certain student loan debts.  

The proposed regulations would specify the Secretary’s authority to waive all or part of any student loan debts owed to the Department based on the Secretary’s determination that a borrower has experienced or is experiencing hardship related to such a loan. 

DATES: The Department of Education must receive your comments on or before December 2, 2024.

ADDRESSES: Comments must be submitted via the Federal eRulemaking Portal at Regulations.gov. 

The specific page to make your comment is at https://www.regulations.gov/document/ED-2023-OPE-0123-32489. Once you get to that page, hit the comment button and make your comment. We suggest writing your comment out, then cutting and pasting it into the comment section.


Information on using Regulations.gov, including instructions for finding a rule on the site and submitting comments, is available on the site under ‘‘FAQ.’’ If you require an accommodation or cannot otherwise submit your comments via Regulations.gov, please contact regulationshelpdesk@gsa.gov or by phone at 1–866–498–2945.

After you submit your comment, you will receive a receipt like the one below.  



5 comments:

  1. I have experienced hardships recently. I was laid off in 2020, I was on short term disability last year in 2023, and I was hospitalized this year in 2024. A waiver of my student loans will help me tremendously!

    ReplyDelete
  2. Hardships affect people at different times and are unforeseeable. I was recently diagnosed with MS and this has affected my ability to work as much as I was able to before this debilitating disease. Then our area was hit with flooding from tornados and declared a disaster zone by the President and FEMA which hindered our home requiring numerous repairs. In addition, I was recently awarded guardianship of a relative so that also impacts my expenses. Anything helps!

    ReplyDelete
  3. I just had a baby and am finding it extremely hard to not default when I need to support my child … it’s been very difficult. Praying for relief

    ReplyDelete
  4. I’m a single mom with two children that have medical needs. Having to pay student loans that are only growing in their price tag due to interest, on degrees that are unable to be used for numerous jobs due to attending fraudulent schools, and at this point 20 years after I attended my higher education is asinine.

    ReplyDelete