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Even so, on more thought with the operational worries in applying the proposals during the NPRM, the Secretary withdraws the NPRM and terminates the rulemaking continuing.

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Given that many more recent borrowers are susceptible to default, and several of these borrowers wouldn't are already or else afflicted from the read more proposed procedures from the NPRM, combined with the uncertainty within the implementation of your NPRM proposals, at the moment the Office intends to commit its confined operational resources to serving to at-threat borrowers return to repayment successfully. The Section has also concluded that withdrawing the NPRM will assure company flexibility in re-examining the issues and Discovering possibilities and possibilities with stakeholders in the future. For these independently sufficient good reasons, the Office is withdrawing this NPRM.

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