Obama, Dems do the right thing on student loans

Obama and Dems Put a Stop to the Republicans’ Kickback Cash Cow in the College Loan Industry
By Alexander Zaitchik, AlterNet

Reining in insurers and expanding health coverage for Americans aren’t the only reforms achieved last week by the White House and Congress. The passage of the health care bill also accomplishes a much-needed if less-noticed goal that, like health care, was last seriously pursued during the early days of grunge rock: The termination of federal subsidies to the scandal-plagued private student loan industry.

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