• 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. 

ED plans to publish a Notice of Proposed Rulemaking (NPRM) for public comment as soon as possible. ED will not likely be able to do this until late this year or early next year. The NPRM will reflect the agreements reached on the 17 new proposed regulatory provisions and will be open for public comment.

For more information about the process visit: Negotiated Rulemaking for Higher Education 2025 | U.S. Department of Education

We will continue to update this section as more information becomes available.