Friday, June 29, 2012

Congress sends student loan and transportation package to Obama

African American graduates. PHOTO/File

Congress ended months of partisan bickering on Friday by passing and sending to President Barack Obama a comprehensive extension of highway and infrastructure projects, along with a one-year extension of low student loan rates that were set to double.

The House voted 373 to 52 to approve a US$120 billion, 27-month bill to fund highway projects. Attached to that bill was the student loan extension, which prevented rates from doubling from 3.4

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