President Obama has a plan to make college more affordable for millions of Americans. The plan would save almost ten billion dollars a year by shutting down a program that gives banks wasteful subsidies on student loans, and devote the savings to Pell Grants to help students pay for college. Unfortunately, student loan company lobbyists are pressuring Congress to save their wasteful subsidies at the expense of students and their families.
Join with Campus Progress: Choose students over banks, because we need a better future, and because we are fed up with banks taking billions from taxpayers for no good reason.