"We want to encourage responsible borrowing," said a senior administration official during a call to reporters.
At present, the amount that an undergraduate student can borrow from the federal government is capped at $ 57,500 throughout his life. But parents of undergraduate and graduate students are not subject to any such limit and can borrow as much as they wish – at a price set by the schools.
Some research suggests that an unlimited loan can encourage colleges to raise the price of tuition.
Monday was the first time the White House set out its priorities on what should be included in an update of the Higher Education Act, which has not been re-authorized since 2008.
In a statement Monday, Lamar said it was "useful" to have suggestions from the White House.
"I share the objectives of the administration which consists of making the college worthwhile and that it is simpler to ask students for financial assistance and repay their loans, " did he declare.
Other White House priorities include increased federal support for labor training programs for inmates eligible for release, and increased transparency of parole results. students.
The proposals came from the National Council of American Workers, created by President Donald Trump last year.
"We ask Congress to reorient the law on higher education and to focus more on the needs of the workforce," said the senior administration official.
Over the last two years, Democrats have blamed the administration for taking sides for for-profit colleges to the detriment of students. Under DeVos, the Department of Education has attempted to revert to an Obama era rule aimed at helping students deceived by for-profit colleges to obtain debt relief from their studies.
Maegan Vazquez from CNN contributed to this story.[ad_2]