House GOP to Propose Sweeping Changes to Higher Education

The Wall Street Journal

Revamp would put caps on student loans, foster new paths to work force

By Douglas Belkin, Josh Mitchell and Melissa Korn

The Republican-controlled U.S. House of Representatives this week will propose sweeping legislation that aims to change where Americans go to college, how they pay for it, what they study and how their success—or failure—affects the institutions they attend.

The most dramatic element of the plan is a radical revamp of the $1.34 trillion federal student-loan program. It would put caps on borrowing by parents and students and eliminate some loan-forgiveness programs for students.

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