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VOL. 128 | NO. 155 | Friday, August 09, 2013

Obama to Sign Student Loan Bill Friday

AP

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WASHINGTON (AP) – The White House says President Barack Obama will sign a bill Friday to lower the costs of borrowing for millions of students.

The bipartisan bill has been awaiting Obama's signature since earlier this month, when the House gave it final congressional approval after a drawn-out process to reach a compromise in the Senate.

The bill links student loan interest rates to the financial markets. It would offer lower rates for most students now, but higher ones down the line if the economy improves as expected.

White House spokesman Jay Carney says Obama will sign the bill in a ceremony at the White House. He says in the coming months, Obama will lay out an aggressive plan to reduce costs for college students.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 54 266 12,031
MORTGAGES 111 406 15,756
FORECLOSURE NOTICES 18 98 3,121
BUILDING PERMITS 0 606 28,832
BANKRUPTCIES 73 364 11,671
BUSINESS LICENSES 17 119 4,274
UTILITY CONNECTIONS 121 549 17,732
MARRIAGE LICENSES 23 104 3,668

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