Don’t Forget That The Health Care Bill Reforms Student Loans Also

Steve Benen explains the changes:

But let’s also not overlook the importance of overhaul federal student loan programs. In a normal year, success on this front would itself be a major legislative victory, but it’s been largely overshadowed of late because it was included in the health care package.

Nevertheless, the student loan provisions signed into law today are huge. A $40 billion boost in Pell Grants, a streamlined loan process, saving taxpayers billions, caps on what students will have to pay after graduation, loan forgiveness for veterans after 10 years — this breakthrough legislation will make a dramatic impact in the lives of millions.

–Jasper Hart