Tag: student loan compromise

    student_loans_obama.jpg

    Obama Signs Student Loan Deal

    President Barack Obama signed into law Friday a measure restoring lower interest rates for student loans, pledging the hard-fought compromise would be just the first step in a broader, concerted fight to rein in the costs of a college education. Encircled by lawmakers from both parties in the Oval Office, Obama praised Democrats and Republicans alike for agreeing – finally – on what he called a sensible, reasonable approach to student loans even as he cautioned that “our job is not done.” …