Alexander Holt was quoted in Inside Higher Ed about the conservative approach to student loan policies:
“There’s this argument that it’s inserting private market competition, which it isn’t -- that’s not true,” said Alexander Holt, a policy analyst at New America’s Education Policy Program. “There is a recognition that we’ve been adding and adding layer upon layer and it’s gone too far. So you’ve got to do something about that,” Holt said.
Holt said the proposal may also draw opposition from the for-profit college industry, a sector that takes in a growing amount of revenue from federal federal aid attached to graduate enrollment. That could set up a clash between for-profits and lending companies that hope to play a bigger role in the graduate market, he said.
Holt said while there’s broad consensus on simplification as a goal, there’s not much agreement on what that actually means. “The question is: is that consensus meaningful at all?” Holt said. “Does it translate at all into what the GOP or the Trump administration would be listening to or thinking about?”