The fallout continues from the undercover videos taken at ACORN offices across the country.  The House has followed the lead of the Senate in voting to cut off funds to ACORN, this time in the Student Loans Bill.  The final vote was a solidly bipartisan 345-75.

How many newspapers will carry this story tomorrow?  How many won’t?

The other story in this vote is the fact that the US has more or less nationalized the student-loan industry:

The biggest change in U.S. higher education finance in 35 years was approved on Thursday by the House of Representatives, handing a defeat to major banks and student loan giant Sallie Mae.

Lawmakers voted 253-171 in favor of legislation that would cut the banks and Sallie Mae out of a large slice of the $92 billion college student loan business, shifting most lending into a program run by the U.S. Education Department.

The bill, supported by the White House, will go next to the Senate for further consideration.

Think of it as single-payer for student loans.  It’s a potential disaster.  We’ll have more on this when it moves into the Senate.