On November 1, 2022, the U.S. Department of Education (the Department) published in the Federal Register a final rule (the Final Rule) revising its regulations that govern multiple student loan discharge standards and...more
On July 13, 2022, the U.S. Department of Education (the Department) published in the Federal Register a Notice of Proposed Rulemaking (the Proposed Rule) to revise its regulations governing student loan discharge standards...more
On September 23, 2019, the U.S. Department of Education (ED or the Department) published in the Federal Register final regulations on Institutional Accountability, which revise its current regulations on borrower defenses to...more
9/26/2019
/ Accounting Standards ,
Borrower Defense Rule ,
Borrowers ,
Class Action ,
Department of Education ,
Educational Institutions ,
Federal Student Loans ,
Final Rules ,
Financial Accounting Standards Board ,
Financial Harm ,
GAAP ,
Mandatory Arbitration Clauses ,
Predominance Requirement ,
Statute of Limitations ,
Title IV ,
Triggering Event
As described in an earlier alert, regulations promulgated by the U.S. Department of Education in November 2016 (the “Department”) concerning borrower defenses to repayment (the “2016 BDR Rules”), which the current...more