 He helped write the College Cost Reduction Act - the largest college aid expansion bill since the GI bill - which drastically reduced student loan interest rates and included Holt's provision to provide upfront tuition assistance for math, science, and foreign language teachers.He also helped establish the "American Opportunity" tax credit to alleviate the burden of college tuition for low- and moderate-income students.Furthermore, Holt helped enact the Education Jobs and Medicaid Assistance Act, which provides states with funding to reduce budget shortfalls and keep teachers in their classrooms.