1. United States
2. Okla.
3. Letter

The proposed changes to student loan legislation in 2025 are deeply concerning for current and future borrowers. Eliminating income-driven repayment plans, imposing strict borrowing limits, and requiring a standard 10-year repayment plan could significantly increase the financial burden on students, many of whom already struggle with the rising costs of higher education. With interest rates reaching record highs and the average cost of tuition and fees continuing to soar, these changes threaten to exacerbate the student debt crisis rather than alleviate it. It is crucial that any reforms prioritize the well-being of borrowers and ensure access to affordable education. Imposing stricter repayment terms and limiting borrowing options may force many students to forgo higher education altogether or resort to riskier private loans without the necessary protections. We must find a solution that addresses the root causes of the crisis, such as the skyrocketing costs of higher education and the lack of wage growth, rather than placing an even greater burden on those seeking to better their lives through education. I urge you to consider the long-term implications of these proposed changes and seek alternative solutions that provide meaningful relief to borrowers while ensuring access to quality education remains attainable for all. The student debt crisis requires a swift and decisive approach, prioritizing affordable education for future generations and alleviating the financial burden of current student loan holders.