News of the Day: The Battle Over Student Lending

In today's New York Times, the editorial board declared, "The direct-lending proposal is clearly in the country’s best interest."

Private companies that reap undeserved profits from the federal student-loan program are gearing up to kill a White House plan that would get them off the dole and redirect the savings to federal scholarships for the needy. Instead of knuckling under to the powerful lending lobby, as it has so often done in the past, Congress needs to finally put the taxpayers’ interests first. That means embracing President Obama’s plan.

This builds upon Rep. Miller and the Education and Labor Committee's efforts in the 110th Congress.

We encourage you to read the entire editorial. And these from the Syracuse Post-Standard and the Albany Times Union.