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I'd say end private student loans, not federal, and develop a program for automatic forgiveness and universal higher education.
Most people most of the time should be able to get as much education as they care to get, courtesy of the public. For everything else I could see deferred interest federal loans with a procedure for automatic forgiveness. (Went to Cambridge but then came back to the US to live and work? Should cost you as much as going to a state University, just more paperwork)
I'd also like easier immigration, and much more lax work visa standards. Right now people can get taken advantage of with the H1B program, since deportation for unemployment is a pretty strong incentive to put up with bad work conditions.