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Congressman Walberg proposes capping federal student loans and introducing income-based repayment plans.
Congressman Tim Walberg proposes changes to federal student loans to reduce costs and prevent excessive debt.
The House Committee on Education and Workforce considers capping loans at $150,000 for undergraduates, $200,000 for graduate students, and $250,000 for professional school.
Walberg also suggests income-based repayment plans to avoid graduates owing more than they can pay back.
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El congresista Walberg propone limitar los préstamos estudiantiles federales e introducir planes de reembolso basados en los ingresos.