June 30, 2006

Ed. Dept. Will Not Revise Loan Rules

By STEPHEN BURD

The U.S. Education Department has rejected a formal request to revise regulations that are designed to help borrowers who have taken on unmanageable levels of federal student-loan debt. The agency did, however, leave the door open for considering some of the proposed changes in the future.

The request, known as an "administrative petition," was filed last month by groups representing students, parents, and college officials. They called on the department to overhaul rules that are

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