Higher education reform will be front and center in 2017, as historic levels of public concern about rising college tuition and student debt levels pressure Congress to turn to the overdue reauthorization of the Higher Education Act. This wide-ranging federal law covers everything from student loans to Pell grants for low-income students to the transparency of consumer information on college prices.
Congress has already proven it has the ability to pass major education legislation. Sen. Lamar Alexander (R-TN), the chairman of the committee responsible for education, took the lead last year in the bipartisan reauthorization of the main K-12 education law.
We offer three policy proposals that would benefit students and taxpayers, based on the analysis in our new book, “Game of Loans.”These are ideas that lawmakers from both parties can get behind, with the goal of simplifying the process for student loans.