I'm a little bit confused about the student loan provisions in the health care bill. My partner and I have both relied on unsubsidized Stafford loans to go back to school as adults. From the summary that I've read, it looks like those are going to be eliminated.
Now, I'm sure some of you are capable of making sense of the actual text of that section of the bill, but it's full of "section X is amended to read "something that doesn't make sense."" I've called Congressman Wu's office, and they had no idea, and Senator Wyden's office just pointed me to the text of the bill.
Google searches aren't helping me, and nobody really seems to be talking in depth about the student loan reform aspect of the health bill.
Can someone explain to me in plain English what resources will be available to a middle class adult who wants to go back to school, say to get a teaching degree, or to finish a long-delayed bachelor's? Without unsubsidized Staffords, and without something to replace them, a lot of educational doors are going to close for a lot of people.
Now, I'm sure I'm probably misreading this, and that the bill doesn't actually eliminate unsubsidized Staffords. If I'm right, the bill actually just cuts out the financial institution "middle men" and grants the government the power to disburse the Staffords directly. If someone can confirm this for me, I'd be greatly appreciative.
For the record, I'm a radical leftist in favor of passing the bill, and I applaud people like Dennis Kucinich for growing a brain.