Obama v. Banks:

In the future, perhaps young people will not be stooges for the banks exploiting them and taxpayers. Currently, student loans—the money for which comes from the government—is funneled through banks who act as middlemen, extracting healthy fees from the program, for doing … well, nobody knows precisely what. The President wants to cut the middlemen out and free up the money to go directly to the students. Naturally, Republicans are opposed. They've been getting a handsome free lunch, and they want to keep it coming. (See The New York Times' story.)