New Law: All Students To Borrow Directly From Federal Government

New Law: All Students To Borrow Directly From Federal Government

President Obama signed the last piece of the health care legislation today — but it wasn’t actually health care legislation — it was, instead, an overhaul of the federal student lending operation. All students getting federal student aid will now borrow directly from the federal government instead of sometimes having to go through a subsidized private lender. [More]