Blog: Department of Education Delays Borrower Defense Rules and Proposes Reset on Gainful Employment

Cooley LLP
Contact

The Department of Education announced today that it will delay, with limited exceptions, the entire set of Borrower Defense to Repayment regulations (BDTR) scheduled to take effect July 1 until further notice, as well as convene a negotiated rulemaking committee to develop regulations on BDTR, Gainful Employment and other matters. The Department will hold two public hearings to discuss — and potentially add to — the rulemaking agenda on July 10 and July 12, at which individuals can present comments. The Department expects to begin negotiations in November or December 2017.

The Department’s press release also states that, during the negotiated rulemaking, the Department will “continue to process applications under the current borrower defense rules.”

The announcement delaying BDTR is available in unpublished form here and the announcement convening a negotiated rulemaking committee is available in unpublished form here. Both announcements are scheduled for official publication in the Federal Register on June 16.

We are monitoring events and will be regularly updating this post.

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Cooley LLP | Attorney Advertising

Written by:

Cooley LLP
Contact
more
less

Cooley LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide