The date of the repeal of section 1087e(e) of this title, referred to in subsec. (b)(7)(B)(iv), is July 1, 2028. See section 82001(c)(3) of Pub. L. 119–21, set out as an Effective Date of 2025 Amendment note under section 1078 of this title.

2025—Subsec. (a)(2). Pub. L. 119–21, § 82001(f)(1)(A), amended par. (2) generally. Prior to amendment, text read as follows: “The term ‘excepted consolidation loan’ means a consolidation loan under section 1078–3 of this title, or a Federal Direct Consolidation Loan, if the proceeds of such loan were used to the discharge the liability on an excepted PLUS loan.”

Subsec. (a)(3). Pub. L. 119–21, § 82001(f)(1)(B), amended par. (3) generally. Prior to amendment, par. (3) defined “partial financial hardship” with respect to a borrower.

Subsec. (b)(1). Pub. L. 119–21, § 82001(f)(1)(C)(i), amended par. (1) generally. Prior to amendment, par. (1) read as follows: “a borrower of any loan made, insured, or guaranteed under part B or D (other than an excepted PLUS loan or excepted consolidation loan) who has a partial financial hardship (whether or not the borrower’s loan has been submitted to a guaranty agency for default aversion or had been in default) may elect, during any period the borrower has the partial financial hardship, to have the borrower’s aggregate monthly payment for all such loans not exceed the result described in subsection (a)(3)(B) divided by 12;”.

Subsec. (b)(6). Pub. L. 119–21, § 82001(f)(1)(C)(ii), added par. (6) and struck out former par. (6) which related to a borrower who no longer has a partial financial hardship or no longer wishes to continue the election under the income-based repayment program.

Subsec. (b)(7)(B)(iv). Pub. L. 119–21, § 82001(f)(1)(C)(iii), inserted “(as such section was in effect on the day before the date of the repeal of section 1087e(e) of this title” after “section 1087e(d)(1)(D) of this title”.

Subsec. (b)(8). Pub. L. 119–21, § 82001(f)(1)(C)(iv), inserted “or the Repayment Assistance Program under section 1087e(q) of this title” after “standard repayment plan”.

Subsec. (c). Pub. L. 119–21, § 82001(f)(1)(D), amended subsec. (c) generally. Prior to amendment, subsec. (c) related to eligibility determinations for income-based repayment.

Subsec. (e). Pub. L. 119–21, § 82001(f)(1)(E)(ii), inserted “and before July 1, 2026” after “after July 1, 2014” in introductory provisions.

Pub. L. 119–21, § 82001(f)(1)(E)(i), inserted “and before July 1, 2026” after “after July 1, 2014” in heading.

2019—Subsec. (c)(1). Pub. L. 116–91, § 4(b)(1), designated first sentence of existing provisions as par. (1) and inserted heading.

Subsec. (c)(2). Pub. L. 116–91, § 4(b)(2), (3), designated second sentence of existing provisions as par. (2) and inserted heading, substituted “The Secretary shall—” for “The Secretary shall”, inserted subpar. (A) designation before “consider,”, substituted “; and” for period at end of subpar. (A), and added subpar. (B).

2010—Subsec. (e). Pub. L. 111–152 added subsec. (e).

2008—Subsec. (b)(1). Pub. L. 110–315 substituted “or had been in default” for “or is already in default”.

2007—Subsec. (d). Pub. L. 110–153 added subsec. (d).

Pub. L. 119–21, title VIII, § 82001(f)(2), July 4, 2025, 139 Stat. 347, provided that: “The amendments made by this subsection [amending this section] shall take effect on the date of enactment of this title [July 4, 2025], and shall apply with respect to any borrower who is in repayment before, on, or after the date of enactment of this title.”

Section effective July 1, 2009, see section 203(c)(1) of Pub. L. 110–84, set out as an Effective Date of 2007 Amendment note under section 1078–3 of this title.