Grab a chair and hold on to your hat!! Good news just came out of DC!! An area newspaper reports in bold headlines: Obama signs bill to restore lower interest rates on student loans.
Democratic and Republican lawmakers set aside their bitter partisanship and passed a bill which is a first step in reining in college costs. Obama praised them for “a sensible approach to student loans.”
House Speaker John Boehner called the law part of the “Republican jobs plan.” House Democratic leader Nancy Pelosi said it “stands in stark contrast to the House Republicans’ plan to saddle families with billions more in student debt.”
Folks in Texas just said, “Yippee! It’s a step in the right direction.”
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