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Reimagining and Improving Student Education (RISE) Department of Education Proposed Rule
The Department of Education released its proposed rule following up on the RISE Committee's work and consensus agreement on January 30. The rule outlines how the department would define and set loan caps for professional and graduate programs and implement two new repayment plans. This is the opportunity to provide feedback on how a professional program is defined for purposes of the new loan thresholds.
ED is accepting public comments through regulations.gov until March 2, 2026. After ED reviews the public comments, it will publish the rules in final form.
This set of regulations will likely take effect July 1, 2026, in line with OBBB's effective dates for these changes. ED is typically subject to certain master calendar restrictions for its federal student aid rules, which require that rules be published in final form before November 1 to take effect the following July 1. However, ED stated in the NPRM it believes the restriction is implicitly waived by OBBB's inclusion of a July 1, 2026, effective date.
The Department of Education released its proposed rule following up on the RISE Committee's work and consensus agreement on January 30. The rule outlines how the department would define and set loan caps for professional and graduate programs and implement two new repayment plans. This is the opportunity to provide feedback on how a professional program is defined for purposes of the new loan thresholds.
ED is accepting public comments through regulations.gov until March 2, 2026. After ED reviews the public comments, it will publish the rules in final form.
This set of regulations will likely take effect July 1, 2026, in line with OBBB's effective dates for these changes. ED is typically subject to certain master calendar restrictions for its federal student aid rules, which require that rules be published in final form before November 1 to take effect the following July 1. However, ED stated in the NPRM it believes the restriction is implicitly waived by OBBB's inclusion of a July 1, 2026, effective date.
