staff please forward to action taker

Dear Joe:
I propose the following solution to the ongoing student loan discussion.

By executive action, all student loans are in perpetual deferment.

Interest will be charged on outstanding debts, but this is also in perpetual deferment- no payments are mandatory.

All payments will count against principle first, interest second.
interest will not compound but will accumulate.

Any tax refund taxpayers are eligible for will be reduced by 50% and the 50% removed taken as a payment on their student debt interest.

All student debt payments made by the student will receive a matching contribution against the principle- all payments made will be doubled.

Any student who makes voluntary payments of at least 1% of their outstanding principle per month will have all outstanding interest forgiven after 84 months of payments or when the principle is fully paid off.  This applies retroactively.

The white house will agree to take action to reduce the future indebtedness of students through the following measures:

A mandate will be established to control the price of textbooks.

A czarate will be established to monitor and restrict the textbook-cycling that results in new textbooks with little changes each year from textbook manufacturers and institutions who use it as a source of income, ensuring that older textbooks with mostly the same content continue to be available and affordable for students with difficult incomes.

A mandate will be established to control the cost of tuition by requiring ALL colleges to openly publish the cost of all courses including estimates for necessary supplies, as a per course breakdown, on the internet, and requiring all colleges to openly specify and show in detail how credits will transfer and from what colleges, eliminating the "we don't honor this so now it's misc elective credit and you gotta retake it" game.