Washington (CNNMoney.com) - The House is poised to vote on a proposal Sunday that would make Washington the one-stop-shop for cheap student loans and boost funding for need-based scholarships.
While taking up the health care overhaul, the House will also consider another of President Obama's top priorities: cutting out bank middlemen who collect subsidies to make education loans guaranteed by the federal government.
The proposal has been included in the so-called reconciliation bill before the House. If it passes, it is expected to be taken up by the Senate in coming days.
Full story on CNNMoney.com