<p>Any new student loan bill needs caps on the interest rates. In addition, watch out for the new 150% subsidized loan regulation that is being proposed … talk about confusing for students, expensive for schools to monitor (manpower-intensive), and a boon for the feds in terms of the need to hire more program reviewers to oversee schools to make sure they are following the difficult-to-follow regs. As usual, nothing can be simple when the government is involved.</p>