; (D) the anticipated burden, including the time, cost, and paperwork burden, the regulations will have on institutions of higher education and other entities that may be impacted by the regulations; and (E) any regulations that will be repealed when the new regulations are issued. (2) Congressional comments The Secretary may not proceed with the rulemaking process— (A) until 10 days after the Secretary— (i) receives and addresses all comments from the authorizing committees; and (ii) responds to the authorizing committees in writing with an explanation of how such comments have been addressed; or (B) until 60 days after providing the notice required under paragraph (1) if the Secretary has not received comments under subparagraph (A). (3) Comment and review period The comment and review period for the proposed regulation shall be 90 days unless an emergency requires a shorter period, in which case such period shall be not less than 45 days and the Secretary shall— (A) designate the proposed regulation as an emergency, with an explanation of the emergency, in the notice to the Congress under paragraph (1); (B) publish the length of the comment and review period in such notice and in the Federal Register; and (C) conduct immediately thereafter regional meetings to review such proposed regulation before issuing any final regulation. (4) Independent assessment No regulation shall be made final after the comment and review period until the Secretary has published in the Federal Register an independent assessment (which shall include a representative sampling of institutions of higher education based on sector, enrollment, urban, suburban, or rural character, and other factors impacted by the regulation) of— (A) the burden, including the time, cost, and paperwork burden, the final regulation will impose on institutions and other entities that may be impacted by the regulation; (B) an explanation of how the entities described in subparagraph (A) may cover the cost of the burden assessed under such subparagraph