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Mgmt520

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PROPOSED REGULATION CHANGES
1Q: State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interests you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will submit two attachments to the Week 2 Dropbox: (a) a Word document with the questions and your answers and (b) a copy of the proposed regulation you used for this assignment. (10 points)
1A: Department of Education. This interests me because I am a Graduate student with extremely high student loan debt. This regulation was made official this past week. This regulation does not affect the business field I work in (accounting), but it DOES affect me, the student with the student loan debt.
2Q: Describe the proposal/change. (10 points)
2A: This proposal updates the regulations and details in implementing a new Income-Contingent Repayment (ICR) plan in the Direct Loan program. This proposal is based on President Obama’s “Pay As You Earn” initiative.
3Q: Write the public comment that you would submit to this proposal. If the proposed regulation deadline has already passed, write the comment you would have submitted. Explain briefly what you wish to accomplish with your comment. (10 points)
3A: As mother of three children, my educational pursuits were delayed while I put boyfriends and a husband through college and also during my childbearing years. As I restarted my education, I found myself divorced and a single mother. In my career field in accounting, I must pursue my education to higher levels and greater lengths to be able to provide for my family. My experience,…...

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