Try disabling Protected Mode and restarting IE if this doesn't work for you.
Evidently, security updates have caused a common problem when printing from IE.
The symptoms include
I found you can run these two commands (as a regular user) to resolve the problem:
mkdir %userprofile%\AppData\Local\Temp\Low icacls %userprofile%\AppData\Local\Temp\Low /setintegritylevel low
You can create a small batch file that the regular users can just double-click to execute. Ours is named fix-ie-print
.bat.