NRHA Statement on Department of Education RISE Final Rule
On April 30 the Department of Education released its Reimaging and Improving Student Education final rule which implements provisions from H.R. 1 that change federal student loan programs. These changes include establishing new loan limits for graduate students, professional students, and parents, and phasing out the Graduate PLUS Program. Additionally, the final rule adopts a limited definition of “professional degrees” for the purpose of accessing higher federal student loan borrowing limits.