of colleges and universities. (3) With an outstanding student loan portfolio of $1.3 trillion, the Federal Government is the largest education lender to undergraduate and graduate students, parents, and other guarantors. (4) Students who do not complete their college degree are at a greater risk of defaulting on their loans than those who complete their degree. (5) Participation in Federal income-driven repayment plans is rising, in terms of the percent of both borrowers and loan dollars, according to the Government Accountability Office. Because these plans offer loan balance forgiveness after a repayment period, this increased use portends higher projected costs to taxpayers. (b) Policy on higher education It is the policy of this concurrent resolution to promote college affordability, access, and success by— (1) reserving Federal financial aid for those most in need and streamlining grant and loan aid programs to help students and families more easily assess their options for financing postsecondary education