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Congress Aware Of The Student Loan Crisis

There is recent concern in congress to reslove the Student Loan Crisis,
as many high school seniors will be completing their loan applications
in the comming weeks. Many lenders have suspended their lending in
the area of student loans, sure to cause a problem in the short term.

Congress is aware of the probelms and are seeking solutions. President
George W. Bush supports legislation passed last week to allow the Dept
Of Education to purchase govenment guaranteed loans. The US Senate
is working on their verision and the Presdient is expected to sign it.

We’ll keep you posted.