Chronicle of Higher Education reports about Paul Ryan's Student Aid reforms

The Chronicle of Higher Education reports that Paul Ryan is authoring some proposals in regards to the reauthorization of the Higher Education Act.  A number of changes in financial aid are proposed, as well as some modifications to the accreditation process.  The article states:

As the U.S. House of Representatives takes its first steps toward reauthorizing the Higher Education Act, Rep. Paul D. Ryan of Wisconsin, the Budget Committee’s chairman, is offering his own vision of student-aid reform.
In an antipoverty plan released on Thursday, Representative Ryan calls for streamlining the student-aid system, capping federal loans to parents and graduate students, and "disrupting the accreditation status quo." He proposes a database for tracking recipients of federal aid and argues for further consolidation of federal job-training programs.

If you were hoping that SLOs would be gone, this should be disappointing.  The article states:

Broadly speaking, both plans embrace online and competency-based learning, reduced regulation, and more transparency about student outcomes.