Delay of Rule Relating to Borrower Defense to Repayment
Section 85001 · Sec. 85001 ·
What this chapter is about
This part switches off a 2022 rule on borrower defense claims. It covers loans first made before July 1, 2035. The rules that stood on July 1, 2020 come back.
The document says “shall not”Who acts: Secretary of EducationHow: statuteSec. 85001 in the PDF
What the document says
“shall not be in effect.”
The section provides that from enactment, for loans that first originate before July 1, 2035, the borrower defense to repayment provisions of subpart D of part 685 of title 34 of the Code of Federal Regulations, as added or amended by the final regulations published November 1, 2022 at 87 Fed. Reg. 65904, are not in effect.
What the document actually says
“shall not be in effect.”
That sentence, in plain words
Those parts of the rules do not apply.
What this is about
That covers loans first made before July 1, 2035. The rules came from a 2022 decision. They are not indexed here.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
The document says “shall”Who acts: Secretary of EducationHow: statuteSec. 85001 in the PDF
What the document says
“any regulations relating to borrower defense to repayment that took effect on July 1, 2020, are restored and revived as such regulations were in effect on such date.”
The section restores and revives, from enactment and for loans first originating before July 1, 2035, any borrower defense to repayment regulations that took effect on July 1, 2020, as they stood on that date.
What the document actually says
“any regulations relating to borrower defense to repayment that took effect on July 1, 2020, are restored and revived as such regulations were in effect on such date.”
That sentence, in plain words
The rules that took effect on July 1, 2020 come back. They come back as they stood that day.
What this is about
Those rules govern claims against a school. They are not indexed here. Only the switch is recorded.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
