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A single commenter observed that numerous borrowers experience obstacles enrolling in an IDR strategy right after exiting default, Specially people that decide to rehabilitate their loans. Several commenters strongly supported the proposed REPAYE provision that would minimize the level of discret

One particular commenter observed that lots of borrowers experience hurdles enrolling within an IDR system following exiting default, In particular those that prefer to rehabilitate their loans. We disagree While using the recommendation that interest Positive aspects will present an unintended a

One particular commenter argued the Division's reasoning for proposing that undergraduate loans be repaid at 5 percent of discretionary income was arbitrary and could be utilized to justify any threshold. Quite a few commenters argued for safeguarding a larger amount of the FPL than the Depar

Finally, the commenter objected that the Department has prioritized cutting down undergraduate defaults as opposed to trying to get to bring default for all borrowers to zero. The response towards the prior comment summary discusses the overarching lawful authority for the ultimate rule. We also