Student Debt Relief for the William D. Ford Federal Direct Loan Program (Direct Loans), the Federal Family Education Loan (FFEL) Program, the Federal Perkins Loan (Perkins) Program, and the Health Education Assistance Loan (HEAL) Program; Withdrawal

Document 2024-30606 is a Proposed Rule published by the Department of Education in the Federal Register on December 26, 2024. The U.S. Department of Education (Department) is withdrawing a notice of proposed rulemaking (NPRM) that, under the Secretary's authority to waive repayment of a loan provided by the Higher Education Act of 1965, as amended (HEA), proposed to do the following: amend regulations regarding waiver of certain student loan debts; provide targeted debt relief as part of efforts to address the burden of student loan debt; and modify the Department's existing debt collection regulations to provide greater specificity regarding certain non- exhaustive situations in which the Secretary may exercise discretion to waive all or part of any debts owed to the Department. View the original at https://www.federalregister.gov/documents/2024/12/26/2024-30606/student-debt-relief-for-the-william-d-ford-federal-direct-loan-program-direct-loans-the-federal.

No. Document 2024-30606 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.