Millions of American Citizens have private student loans. A lot of these loans do not qualify for the same benefits federal loans currently offer. Like IBR (Income Based Repayment), loan forgiveness or deferment options.
This is unfair and allows private student loan lenders to take advantage of barrowers.
Create a program that will allow current private student loan borrowers in good payment standing to convert these loans to federal loans so they can fairly take advantage of the same benefits federal loans offer.