Student Loan Reform
Student Loan Reform refers to changes in policies and regulations aimed at improving the student loan system. This can include measures to lower interest rates, simplify repayment plans, and provide more support for borrowers facing financial difficulties. The goal is to make higher education more accessible and reduce the burden of debt on graduates.
Reform efforts may also focus on forgiveness programs that cancel a portion of loans for eligible borrowers, such as those working in public service. Additionally, there is ongoing discussion about the role of federal and private lenders in ensuring fair lending practices and protecting students from excessive debt.