The U.S. Department of Education and stakeholders have reached consensus on how to implement President Donald Trump’s plan to revamp the federal student loan system, including which degree programs qualify for which tier of loans.
The department said on Nov. 6 that it had concluded the second and final negotiating session on the full package of student loan reforms laid out in Trump’s One Big Beautiful Bill, which became law in July.
Negotiations resumed despite the ongoing government shutdown. For both the Department of Education and its Reimagining and Improving Student Education (RISE) committee, the central question was how to classify graduate and professional programs under the new loan structure….