Also law once the President signs the bill: a major change to the student-loan system, which will eliminate private lenders in the middle, thereby saving oodles of boodle, which will beused in part to fund more Pell grants. If I'm reading the outcry from the right on this correctly, they're upset that our college-age kids won't be subsidizing jobs for lenders now, and paying as much loan interest once they graduate. Ah, those freeloading students! On the bright side: Maybe they'll be able to afford cars and homes.
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