Student debt reform advocate Cody Hounanian criticized the Trump administration’s latest proposal to limit federal loan borrowing programs, saying the plan would do “absolutely nothing” for millions of Americans already in debt and could make the problem worse.

“We know from experience from talking to borrowers, having student debt ourselves, that this issue will actually make the problem worse,” Hounanian, a program director at non-profit Student Debt Crisis, told Hill.TV’s Krystal Ball and Buck Sexton on Tuesday.

“For those of us who have student debt, the plan does absolutely nothing to address the 45 million of us that have $1.5 trillion dollars in student debt,” he continued.

President Trump Donald John TrumpOmar fires back at Trump over rally remarks: 'This is my country' Pelosi: Trump hurrying to fill SCOTUS seat so he can repeal ObamaCare Trump mocks Biden appearance, mask use ahead of first debate MORE on Monday unveiled a new set of higher education priorities, including asking Congress to put a limit on loans for graduate students and parents of undergraduates.

The administration also wants to consolidate income-driven repayment options into one simple plan.

White House senior advisor Ivanka Trump Ivana (Ivanka) Marie TrumpSpecial counsel investigating DeVos for potential Hatch Act violation: report Trump, Biden vie for Minnesota Trump luxury properties have charged US government .1M since inauguration: report MORE touted the proposal as a way to “modernize” the higher education system, saying the plan would help make higher education more “affordable, flexible and more outcome orientated” for all Americans.

Hounanian, however, said that while the plan is "being sold as well-intentioned," it would take away much-needed financial opportunities and replace them with “predatory student loans.”

“The cap on student loans will lead to families to have to source those dollars somewhere else,” he told Hill.TV. “They’re going to big banks, predatory loans with high interest rates and few consumer protections.”

Hounanian added that a number of fixes could be done today to help student loan borrowers. But he said the Trump administration has turned away from those solutions, citing the borrower defense rule as an example.

“A good example is the borrower defense rule that just plainly offered debt relief to people who were completed scammed by fraudulent education companies and this administration completely hamstrung the program until borrowers took them to court,” he said.

Hounanian added that the Trump administration first needs to address the “low-hanging fruit” such as consumer protections that would help alleviate the debt load for everyday Americans.

“We’d like to see this administration, of course, start with the low-hanging fruit — consumer protections — that help everyday Americans afford their debt, but instead they're rolling back these programs,” he said.

A growing number of Democratic presidential candidates are pushing the idea of debt-free college.

Sen. Elizabeth Warren Elizabeth WarrenHarris joins women's voter mobilization event also featuring Pelosi, Gloria Steinem, Jane Fonda Judd Gregg: The Kamala threat — the Californiaization of America GOP set to release controversial Biden report MORE (D-Mass.), for example, has supported efforts aimed at lowering college costs. She also backed a bill put forth by Sen. Brian Schatz Brian Emanuel SchatzCDC causes new storm by pulling coronavirus guidance Overnight Health Care: CDC pulls revised guidance on coronavirus | Government watchdog finds supply shortages are harming US response | As virus pummels US, Europe sees its own spike Video of Lindsey Graham arguing against nominating a Supreme Court justice in an election year goes viral MORE (D-Hawaii) that would have let students attend public colleges without having to take out any loans to pay for tuition, books and other college expenses.

—Tess Bonn