make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login

Bill changing loan program mandate heads to NC gov


RALEIGH, NC (AP) -- North Carolina's community colleges wouldn't be forced to participate in the federal student loan program in legislation heading to Gov. Bev Perdue's desk.

The measure given final legislative approval in a party-line Senate vote Monday night reverses a 2010 law requiring all 58 campuses to join the low-interest loan program by July 1. Thirty-eight campuses didn't participate as of earlier this year.

Campus leaders and Republican legislators backing the reversal say campus trustees should decide whether they want students to incur debt.

Democratic amendments designed to discourage high-interest private loans or require more campus reporting were defeated. Bill opponents said the opt-outs would make it harder for low-income students to change careers.

Perdue can sign the bill, veto it or let it become law without a signature.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

Disclaimer: Comments posted on this, or any story are opinions of those people posting them, and not the views or opinions of WWAY NewsChannel 3, its management or employees. You can view our comment policy here.



The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
Please re-enter the code shown in the image below.