President-elect Donald Trump never made student loans a major campaign promise but with the current $1.4 trillion outstanding loans, paid or delinquent payments, it accounts to 43 percent students who are in bad financial standing. Trump said he will reduce tuition rates, lower debt interests, and help graduates sustain their loans.

The first phase of Trump's plan is the consolidation of federal student loan repayment packages presently offered and put them all in single income-based repayment system. Student loan payments would then be recouped at not more than 12.5 percent from a student's income. 

Then the second phase involves shortening the amount of time before a student debt from the federal government is forgiven. At the moment, the Public Service Loan Forgiveness Program takes 20 years. Trump wants this shorten to15 years of continues repayment, as per Town Hall.

Hillary Clinton (and rival democrat nominee aspirant Bernie Sanders) laid out their college tuition plans in detail that will lower down college costs. Those were deemed beneficial for students when implemented but since it's not anymore possible, Trump must come up with better alternatives. For a time it seems that he nailed the good news - at least for those looking for student loan reform and that is what Trump seems to care about in terms of student loans.

He did mention during the campaign that he intended to make college fees "very affordable" and also criticized the existing system that it's "not fair" - before he proceeded inti mentioning that his strategy is to design the tuition repayment in such a way that it can be capped only at 12.5% and nothing more. 

Donald Trump's scheme means that students won't be worried anymore with the rising tuition fees for as long as they can pay later at 12.5% of their income. However, such plan is already offered in the current model. The Department of Education offers a somewhat similar package that allows to cap payments at only 10% - and it will be of the discretionary income, according to USA Today.