Student loan bill could save billions

Headline for an editorial in the Dec. 7 Pittsburgh Post-Gazette: "Give it the old college try: student loan bills could save billions of dollars"

It makes the case for the passage of the new student loan bill in Congress. A good counterpoint to the naysaying Wall Street Journal editorial opposing the legislation.

Here's an excerpt:

The Student Aid and Fiscal Responsibility Act passed the House on a bipartisan vote of 253-171 in September, and the measure now is awaiting action in the Senate. It likely will be waiting until there is action on the all-consuming health-care reform bill, but opponents are busily lobbying against it.

Read more: http://www.post-gazette.com/pg/09341/1019123-192.stm#ixzz0ZFpIvBK1