A student is preparing for a major final exam. Their primary study method involves rereading their textbook and class notes multiple times over the two days leading up to the exam. While reading, they use a highlighter to mark passages they believe are important. The night before the exam, they plan to stay up late to review all the highlighted sections one last time.

Based on principles of effective learning, critique this student's approach. Identify two specific weaknesses in their plan and propose a more effective alternative for each weakness. Justify why your proposed alternatives would likely lead to better learning and long-term retention.