Student loans to help pay for healthcare reform…AND lower the deficit?

This article was published on March 26,2010 in The Hullabaloo.

Along with the major health care reform bill, the House of Representatives passed legislation Sunday that will completely revamp the student loan industry.

Under the new plan, students will borrow money directly from the government, eliminating middle-man private lenders that currently profit by approximately $70 billion each year from college student loans. Read more of this post