Max Eden of the American Enterprise Institute advocates here what he calls the 25 Plan to rescue us from the awful trajectory of student aid under the Democrats.

Eden writes:

Call it “The 25 Plan.” The Department of Education could give $25,000 to every high school graduate who chooses to opt in, to be paid back at 2.5% of annual income over the course of 25 years. This is essentially the size of the average student loan debt but at a vastly improved interest rate.

Eden envisions this as a deal that Donald Trump, should he regain the White House, would offer to the Democrats:

Trump could extend “The 25 Plan” to every high school graduate. They could use it for college. Or this loan program could open new frontiers in career, technical, and workforce education programs. Or maybe it could simply be a Universal Basic Adulting loan program.

What if a student’s preferred postsecondary education would cost more than that? Answer: Finance it yourself, if you can. This would end our slide into making higher education for all an entitlement.

I like it, and would like it even more if there were a competing plan to get the feds out of higher-ed financing entirely, thus making the 25 Plan look moderate. If it were to be adopted, then further downsizing of the federal role might be possible. We need to get the feds out of this unconstitutional role, which can probably only be done incrementally.