House to Vote on Student Lending

The House will vote within days on a bill to end private lenders' role in government-guaranteed student lending.

The measure will be part of a health care reform package that the House plans to take up as early as this weekend and the Senate could consider next week.

In advance of the vote, the Congressional Budget Office reported on Thursday that the bill would generate $61 billion in savings over 10 years. In a boost to health care, the CBO report found that $9 billion in increased student loan revenue would be used to offset the health-care reform package.

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