Released: May 02, 2008

College borrowers may get break

Source: Associated Press (CNNMoney.com)

Congress gave final approval Thursday to legislation aimed at ensuring the problems in the credit markets don’t prevent students from getting college loans.

The House passed the legislation in a 388-21 vote, one day after the Senate approved it. President Bush is expected to sign the measure.

“Today’s vote will help ensure that students’ dreams of going to college aren’t sidelined by the turmoil in the credit markets,” said Rep. George Miller, D-Calif., chairman of the House Education Committee.

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