The Department of Education announced yesterday that it will hold two negotiated rulemaking sessions on the One Big Beautiful Bill Act’s higher education provisions and other Administration priorities.

The Department will hold a virtual public hearing on Thursday, August 7.

The Department will create two committees. The Reimagining and Improving Student Education (RISE) Committee will address federal student loan-related changes, including phase-out of graduate and professional PLUS Loans, establishment of new loan limits and lifetime borrowing caps, the simplification of student loan repayment plans, and more. The Committee will meet September 29 – October 3 and November 3-7, 2025.

The Accountability in Higher Education and Access through Demand-driven Workforce Pell (AHEAD) Committee will address Workforce Pell, institutional and programmatic accountability and other issues. The Committee will meet December 8-12, 2025, and January 5-9, 2026.

If the Department publishes final rules by November 1, 2026, the rules will go into effect July 1, 2027.

The announcement is here. Registration for the virtual public hearing is here. More details, including information on submitting comments and committee member nominations are here.