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EdNews.org - Daily EdNews

Thursday, May 1, 2008

Fed Looks to Secure Loans for Students

The Senate, yesterday, approved legislation to ensure that today's restrictive credit markets don't hurt students' ability to receive a college loan. Akin to the bill that passed in the House, the Senate bill would increase the limits on the amount a borrower can receive. This, in turn, should ease students' reliance on private lenders - many who have left the market as a result of the credit crisis.

Read the entire article at:
http://www.washingtonpost.com/wp-dyn/content/article/2008/04/30/AR2008043003191.html

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