Sensible Student Loan Reform Ideas

I’ve long advocated for—and the hill I’ll die on, is to allow federal student loan borrowers to consolidate their loans into lower interest rates when conditions prevail. And if they already have a consolidation loan, they can reconsolidate into a lower interest rate.

Imagine all of the millions of borrowers who’d be that much better off if were able to lock into the interest rates that prevailed in 2020-2021. Undergraduate loans locked in at 2.8%, grad school loans at 4.1%, and PLUS loans at 5.1% would change lives.

I’m half-tempted to put my money where my mouth is and develop a website dedicated to such ideas. Do you think there’s a demand for that?

Finally, what are y’alls’ common sense student loan reform ideas? Preferably ideas that are cost neutral and might actually pass through Congress.