http://news.yahoo.com/s/ap/20090917/ap_o...lsbHdvdQ--

Quote:WASHINGTON – The House is poised to vote to push private lenders out of the federal college loan business and massively expand the government's own lending program.

Lawmakers debated a student aid bill Wednesday that has widespread support, including from the White House. The measure is expected to win passage Thursday and go next to the Senate.

...

The money would boost Pell Grants for needy students and pay for a new college completion fund, community college reforms and more college aid for veterans.

"No student in this great country of ours should have to mortgage their future to pursue their dreams,"

Nothing says "pursue your dream" like getting drunk nightly while working toward a degree in psychology or leisure studies.

But it does serve as one more payoff for Obama supporters: Big business of professional education.

Guess our spend-happy congress didn't get this memo
http://chronicle.com/article/Will-Higher...-the/44400