Blog - Articles Tagged 'Student loans'

Sources are telling The Hill that the Democrats have decided to add a bill to eliminate government subsidies to student loan companies to the budget reconciliation bill that will iron out the differences between the Senate and House health care bills.

Senate Democratic leaders have decided to pair an overhaul of federal student lending with healthcare reform, according to a Democratic official familiar with negotiations.

"It's going in," said the Democratic source, in reference to the student lending measure.

The White House is again trying to end government subsides to the student loan industry but a multi-million dollar lobbying effort is pushing back.

Congress felt like the center of the universe this week with the State of the Union on Wednesday, continuing negotiations on a number of issues and even a couple tough votes going down. Here's what we've been up to here at OpenCongress:

Opponents of wasteful government spending might want to turn their eyes to the Student Aid and Fiscal Responsibility Act (H.R.3221). This bill promises to end government subsidies to the student loan industry saving billions.