The US Education Department will rewrite student loan rules, starting with public feedback

The US Education Department plans to rewrite rules for several major federal student loan programs. This means the department will hold public hearings and form committees to draft new regulations, potentially making changes to how people repay their loans or qualify for forgiveness.

The Education Department is opening up the rulebook for some of the largest student loan programs. This could change how millions of people manage their debt, especially those in public service or on income-driven repayment plans. The last major changes to these programs were often made through executive action, which can be reversed; new regulations would be more durable.