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House overrides Perdue veto of student loan opt-out

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GARY D. ROBERTSON
Associated Press

RALEIGH, NC (AP) -- The House has overridden a veto by Gov. Bev Perdue on legislation to give all North Carolina community colleges the ability to decline to offer certain low-interest federal student loans.

The House voted Thursday to cancel Perdue's veto by a vote 70-46 - just enough of a margin to override. The bill now goes to the Senate, which would need the same outcome to enact the bill into law.

Perdue vetoed the bill in April 2011 because she said it would prevent access for students to inexpensive loans to help retool their careers. Community college presidents said they feared high default rates could jeopardize access to all federal financial aid.

The Legislature already bypassed her veto by passing local bills giving more than 25 colleges the ability to opt out.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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Its about time people

Its about time people realize you cannot keep giving money to people that have no way to pay it back even if it means a few government employees may have to go on un employment just like everyone else..
spend spend spend spend spend now that is the democratic way.wacha gonna do when theres no more money for you,big spenders big spenders wacha gona do when thers no more money for you!!