This is a weird and contradictory statement, and could reflect a misunderstanding on the author’s part of what the student loan federalization of 2010 actually DID. Earlier in this section, Burke argued for moving student loans to the private sector. Then, she reversed course and argued for keeping them in the government. Now, she’s arguing for reversing the 2010 federalization, which specifically ended the practice of private banks issuing federally guaranteed student loans – indicating that she wants a return to that practice – and in the same breath arguing that the loans should be administered by a “new government corporation” – i.e., not a private entity. The conditions she goes on to describe – federal loans being managed directly by the Department of the Treasury – is decidedly NOT moving them to the private sector, so one wonders why we would need to reverse the 2010 federalization. (Additionally, does moving student loans to the Department of the Treasury even quality as a “new government corporation”? This portion is a more than a bit nonsensical.)

Full contextual analysis of Section 3.2: Department of Education here.