; (ii) establish measurable objectives and the steps to be taken to improve the program’s loan repayment rate; and (iii) specify actions that the institution can take to improve student loan repayment, including appropriate counseling regarding loan repayment options. (B) Technical assistance Each institution subject to this paragraph shall submit the plan under subparagraph (A) to the Secretary, who shall review the plan and offer technical assistance to the institution to promote improved student loan repayment. (2) Second consecutive year (A) In general An institution with a program whose loan repayment rate is less than 45 percent for two consecutive fiscal years, shall— (i) require the institution’s repayment improvement task force established under paragraph (1) to review and revise the plan required under such paragraph; and (ii) submit such revised plan to the Secretary. (B) Review by the Secretary The Secretary— (i) shall review each revised plan submitted in accordance with this paragraph; and (ii) may direct that such plan be amended to include actions, with measurable objectives, that the Secretary determines, based on available data and analyses of student loan repayment and non-repayment, will promote student loan repayment. (c) Programmatic loan repayment rate defined (1) In general Except as provided in subsection (d), for purposes of this section, the term loan repayment rate means, when used with respect to an educational program at an institution— (A) with respect to any fiscal year in which 30 or more current and former students in such program enter repayment on a covered loan received for attendance in such program, the percentage of such current and former students— (i) who enter repayment in such fiscal year on a covered loan received for attendance in such program; and (ii) who are in a positive repayment status on each such covered loan at the end of the second fiscal year following the fiscal year in which such students entered repayment on such loan