[Federal Register Volume 60, Number 58 (Monday, March 27, 1995)]
[Proposed Rules]
[Page 15737]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-7389]



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DEPARTMENT OF EDUCATION

34 CFR Chapter VI


Borrower Defenses Regulations Negotiated Rulemaking Advisory 
Committee; Meeting

AGENCY: Borrower Defenses Regulations Negotiated Rulemaking Advisory 
Committee, Department of Education.

ACTION: Notice of meeting.

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SUMMARY: This notice sets forth the schedule and agenda of a 
forthcoming meeting of the Borrower Defenses Regulations Negotiated 
Rulemaking Advisory Committee (Committee). This notice also describes 
the functions of the Committee. Notice of this meeting is required 
under section 10(a)(2) of the Federal Advisory Committee Act and is 
intended to notify the public of their opportunity to attend.

DATES: April 25 and 26, 1995 from 9 a.m. to 5 p.m.

ADDRESSES: The Gaithersburg Hilton, 620 Perry Parkway, Gaithersburg, MD 
20877, (301) 977-8900.

FOR FURTHER INFORMATION CONTACT: Nicki Meoli, Program Specialist, 
Policy Development Division, Office of Postsecondary Education, U.S. 
Department of Education, Room 3053, ROB-3, 600 Independence Avenue, SW, 
Washington, DC 20202-5400. Telephone: (202) 708-9406. Individuals who 
use a telecommunications device for the deaf (TDD) may call the Federal 
Information Relay Service (FIRS) at 1-800-877-8339 between 8 a.m. and 8 
p.m., Eastern time, Monday through Friday.

SUPPLEMENTARY INFORMATION: The Borrower Defenses Regulations Negotiated 
Rulemaking Advisory Committee is authorized by sections 432, 457, and 
464 of the Higher Education Act of 1965, as amended. The Committee is 
also established in accordance with the provisions of the Negotiated 
Rulemaking Act. The Committee will negotiate regulations on borrower 
defenses, that is, which acts or omissions of an institution of higher 
education a borrower may assert as a defense to repayment of a loan 
made under the William D. Ford Federal Direct Loan (Direct Loan) 
Program, the Federal Family Education Loan (FFEL) Program, and the 
Federal Perkins Loan (Perkins) Program and the consequences of such 
defenses for the institution, the Secretary, and, for FFEL Program 
loans, for the lender and the guaranty agency. The Committee may also 
negotiate issues regarding whether administrative procedures should be 
established to adjudicate whether a borrower has a valid defense and 
the effect the adjudication would have on the rights and liabilities of 
institutions, lenders, guaranty agencies, and the Secretary.
    The meeting of the Committee is open to the public.
    The proposed agenda includes:

(1) Welcoming remarks.
(2) Introduction of facilitator and participants.
(3) Discussion of procedural ground rules.
(4) General discussion of participants' perspectives on substantive 
issues.
(5) Development of issue agendas or drafts for subsequent meetings.

    Records are kept of all Committee proceedings and are available for 
public inspection in Room 3053, ROB-3, 7th and D Streets, SW, 
Washington, DC, between the hours of 8:30 a.m. and 4 p.m., Monday 
through Friday of each week except Federal holidays.

    Dated: March 20, 1995.
David A. Longanecker,
Assistant Secretary for Postsecondary Education.
[FR Doc. 95-7389 Filed 3-24-95; 8:45 am]
BILLING CODE 4000-01-P