This course offers an in-depth look at the recent amendments to the income-contingent repayment plans for federal student loan borrowers. Participants will gain a thorough understanding of the changes in eligibility and enrollment timelines, the impact of legal injunctions, and the implications for borrowers. Learn how to navigate these new regulations effectively and ensure compliance with the Higher Education Act of 1965.
In this course you will learn the following:
* Understand the scope and purpose of the final rule on income-contingent repayment plans.
* Identify key changes in eligibility and enrollment dates for repayment plans.
* Recognize the legal and financial consequences of non-compliance with the new regulations.
* Implement actionable steps to comply with the new requirements.
