Health Care and Education Reconciliation Act

The Health Care and Education Reconciliation Act, passed in 2010, made significant changes to the U.S. healthcare system and student loans. It improved access to Medicaid, helped reduce healthcare costs, and expanded health coverage. It also reformed federal student loan programs by shifting more lending authority from private banks to the government, aiming to lower borrowing costs for students. These measures sought to make healthcare more affordable and accessible, while also making higher education financing more efficient and cost-effective.