Reverse the 2010 federalization of student lending
What the document says“The next Administration should completely reverse the student loan federalization of 2010”
The chapter asks that the Administration work with Congress to spin off Federal Student Aid and its student loan obligations into a new government corporation with professional governance and management. It says elsewhere that student loans and grants should ultimately be restored to the private sector, or at the least that the government should revisit its role as guarantor rather than direct lender.
What the document actually says“The next Administration should completely reverse the student loan federalization of 2010”
In 2010 the government took over student lending. That should be undone.
The government lends money for college. It took that job over in 2010. The book says that should be reversed.
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