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Modernizing the Federal Student Loan Experience

President Biden wants to modernize the federal student loan system. The U.S. Postal Service and Affordable Care Act can show him how.

Students prepare for lecture at the University of Texas at Austin on February 22, 2024 in Austin, Texas. Brandon Bell/Getty Images

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Tobin Van Ostern is the cofounder of Savi, a public benefit company that was created to help individual borrowers navigate their student loan repayment and forgiveness options. Previously, he worked on both student loan and health care policy at Young Invincibles and the Center for American Progress.

This post was written for the Council on Foreign Relations’ Renewing America initiative—an effort established on the premise that for the United States to succeed, it must fortify the political, economic, and societal foundations fundamental to its national security and international influence. Renewing America evaluates nine critical domestic issues that shape the ability of the United States to navigate a demanding, competitive, and dangerous world. For more Renewing America resources, visit https://www.cfr.org/programs/renewing-america and follow the initiative on Twitter @RenewingAmerica.