The U.S. Department of Education has posted in the Federal Register an unpublished version of the Notice of Proposed Rulemaking (NPRM) for the Reimagining and Improving Student Education (RISE) initiative.
The notice is to be officially published on Friday January 30th.
This NPRM springs from the work of the RISE Committee, which brought together stakeholders to develop consensus regulatory language for implementing OBBBA’s provisions. After months of negotiations, the committee agreed on a comprehensive set of proposed rules that now form the basis of this Federal Register notice, which will be open for public comment before final regulations are adopted.
The NPRM outlines several major changes to federal student loan policy and regulations, including:
- New Loan Limits
- Repayment Reform
- Professional Degree Definitions
- Loan Rehabilitation and Borrower Protections
When the proposed rule officially publishes in the Federal Register tomorrow, there will be a public comment period where students, institutions, and other stakeholders can weigh in before final rules take effect, which is anticipated to begin July 1, 2026.