White House Plan Would End Subsidies to Student Lenders - washingtonpost.com

The proposal, included in yesterday's budget outline, would end a program that pays government subsidies to private student loan companies. The administration said the shift, which would mean that all federal loans would come directly through the government, would save $4 billion annually and $47.5 billion over the next decade.

White House Plan Would End Subsidies to Student Lenders - washingtonpost.com