The Reimagining and Improving Student Education (RISE) Committee will hold its second session November 3-7 from 9am to noon Eastern and 1pm to 4pm Eastern. The committee’s first session was held September 29-October 3. The five-day in person negotiated rulemaking session will address changes to the Higher Education Act included in the One Big Beautiful Bill Act. These include the phase out of graduate and professional PLUS loans, the establishment of new annual loan limits for graduate and professional students and parent borrowers, the simplification of student loan repayment plans, institutional flexibility to apply lower annual limits for borrowers for selected programs of study, modifications to loan rehabilitation, and more. More details may be accessed here. Registration for the session is here.
The One Big Beautiful Bill Act set new student loan caps for graduate students, with a higher cap for those pursuing a professional degree. ASAHP and other organizations has reccommended that the Department:
1. Classify all professions under CIP Code 51 — Health Professions and Related Clinical Sciences, and related codes as “professional degrees.”
2. Define “professional degree” as any degree leading to a professional credential required for entry into practice in that field.
3. Define “professional degree” based on accreditation, curriculum, and alignment with recognized health profession standards, not program length or credit hours.
4. Recognize the critical workforce impact of any exclusion of health professions degrees, which would disproportionately harm communities in rural and underserved areas.