Public PAYE hearings coming up, attend & express your disapprova
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Poast new message in this thread
Date: September 24th, 2014 12:21 PM Author: Turquoise multi-billionaire
On September 3, the Department of Education (the “Department”) announced its intent to establish a negotiated rulemaking committee to help develop regulations to allow more student borrowers of Federal Direct Loans to use the Pay as You Earn Repayment Plan (“PAYE Plan”). President Obama expanded the eligibility for the PAYE Plan, which caps payments at 10% of annual income, in a Presidential Memorandum issued on June 9, 2014 in which he charged the Department to establish new regulations to implement this expansion. The Department intends to select participants for the committee from nominees of the organizations and groups that represent the interests significantly affected by the proposed regulations. The Department will hold two public hearings, on October 23 and November 4, to discuss the rulemaking agenda and plans to thereafter establish a committee. The Department expects that the committee will begin negotiations in February 2015 and will meet in the Washington, DC area.
Edit: our goal here is to get the $57.5K cap on forgiveness applied to all, including retroactive
(http://www.autoadmit.com/thread.php?thread_id=2682909&forum_id=2#26387991) |
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Date: September 24th, 2014 1:56 PM Author: Turquoise multi-billionaire
Actually, one is in Anaheim so earl can hit that one:
Here are the details:
October 23, 2014, from 9:00 a.m. to 4:00 p.m. local time, at the U.S. Department of Education, 1990 K Street NW., Eighth Floor Conference Center, Washington, DC 20006.
November 4, 2014, from 1 p.m. to 4 p.m. local time, at the Marriott Anaheim, 700 West Convention Way, Grand Ballroom E, Anaheim, CA 92802
(http://www.autoadmit.com/thread.php?thread_id=2682909&forum_id=2#26388406)
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Date: September 24th, 2014 1:54 PM Author: Turquoise multi-billionaire
"At each hearing, members of the public will have 5 minutes each to present advice or recommendations for topics for a negotiated rulemaking committee to consider when examining how to expand the repayment program."
Looking forward to my 5 minutes.
(http://www.autoadmit.com/thread.php?thread_id=2682909&forum_id=2#26388390) |
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