• Phasing out of Graduate/Professional PLUS Loans
• New Annual and Lifetime Loan Limits
• New Repayment Plans (e.g., standard and RAP)
• Institutional Flexibility on Loan Limits
• Loan Rehabilitation Reforms (e.g., second rehabilitation, deferment limits)

As a first step, ED held a virtual public hearing on August 7. ED also accepted written comments providing advice and recommendations on the implementation of these changes through August 25th.

Next, ED held two five-day sessions from September 29 - October 3, 2025 and from November 3 - November 7, 2025. Those sessions were available for the public to view virtually. 

The RISE Committee concluded its negotiated rulemaking responsibilities and reached consensus. Without consensus, ED would legally be free to rewrite any aspect of the proposal prior to releasing it for public comment. 

On January 30, 2026, ED published a Notice of Proposed Rulemaking (NPRM) soliciting comments on the changes it plans to make. The public will have 30 days to provide comments with the comment period ending on March 2, 2026.

If you are interested in providing comments, visit: Federal Register :: Reimagining and Improving Student Education