Source: philly.com Posted By: Valerie M...5253 days ago
Health reform isn't the only important measure awaiting Senate action. That chamber also has before it legislation that would finally knock private lenders out of the lucrative college loan business.
The sooner that happens, the better. Eliminating the current middleman system would let the federal government make more loans directly. Instead of subsidies going to banks, more aid would go to needy students.
The transition would be relatively easy, since the federal government already puts up....