What do student loans and health reform have in common? According to the Obama administration, apparently a lot.
Obama wants to remove banks from the student loan process, shifting money in the program that currently goes to overhead and/or bank profits to tuition payments, helping more students for the same amount of spending. Legislation to implement these reforms has passed the House, but has stalled in the Senate due to a Republican filibuster. Sound familiar? Democrats can use reconciliation to pass student loan reform, but there’s a catch – the reconciliation process can only be used once per session. The solution? Combine student loan reform and health reform bills into a single piece of legislation.