House backs bill to overhaul student loan program
USA Today
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“The House voted Thursday in favor of the biggest overhaul of college aid programs since their creation in the 1960s — a bill to oust private lenders from the student loan business and put the government in charge. The vote was 253-171 in favor of a bill that fulfills nearly all of President Obama’s campaign promises for higher education: The measure ends subsidies for private lenders, boosts Pell Grants for needy students and creates a grant program to improve community colleges, among other things.” (09/17/09)
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When does the gooferment stop taking over things?
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