Today’s American Thinker reported on remarks made by President Obama at Northern Virginia Community College in Alexandria, Virginia, on Monday.  The President stated that the takeover of the student loan program included in the healthcare reform bill will:

“…save American taxpayers $68 billion in the coming years — $68 billion.  That’s real money — (laughter) — real savings that we’ll reinvest to help improve the quality of higher education and make it more affordable.”

If we reinvest it (spend it), how is it savings?