Equality, flexibility, and affordability when it comes to a college education is an area of focus for the Trump Administration which is outlined in a 10-part plan to reform higher education.
The plan covers student outcomes measured in job placement by student graduates and includes a cap on the amount student loan borrowers are allowed to take. Setting limits on loan amounts is thought to reduce college costs which in turn can allow attending college more affordable for families.
Although the plan is forward thinking in its approach, there are no statements made about past student loan debt problems. Right now, students can borrow up to 57 thousand dollars over their lifetime. Graduate students and parents have no limitations. Today’s student loan debt crisis is up to $1.6 trillion with more than 45 million borrowers involved.