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The Department of Education published a correction to a previous regulation related to income-driven repayment for student loans. This document addresses a technical error regarding the exclusion of periods in in-school deferment from counting toward loan forgiveness, which was previously explained but omitted from the regulatory text. The correction is intended to align the regulations with what was originally stated in the preamble, without introducing any new rules. The amendment is effective immediately as of its publication date on December 31, 2024.

The U.S. Department of Education has decided to withdraw a proposed rule that aimed to offer targeted student debt relief, clarify existing debt collection regulations, and specify conditions under which the Secretary could use their authority to waive student loan repayments. The Department received almost 150,000 comments on the proposal but identified operational challenges in implementing the changes. With the current administration focusing on helping borrowers return to repayment, especially after a recent support period, the decision to withdraw allows the Department to reconsider its approach and maintain flexibility for future initiatives. The decision does not change the Department's belief in its authority under the Higher Education Act to offer such debt relief.