Tagged: Student Loans

President Obama brought his message of affordable education for all to the Tar Heel State as part of a day-long college tour.

Gurnal Scott: University of North Carolina juniors Maria Rodriguez, Emalyn Penn and Mariella Albarado sat together at UNC's Carmichael Arena hoping for specific words to come from the President.

Maria Rodriguez: I want to hear him say that there are going to be cheap student loans. That's exactly what I want to hear him say.

Lawmakers have passed a bill that would allow community colleges to opt out of offering low interest federal loans to students. Legislation enacted last year would require all community colleges to participate in the William D. Ford Federal Direct Loan Program. It allows students to borrow directly from the federal government. But some community college presidents say if too many students fail to repay these loans it may jeopardize the institutions' ability to provide other federal financial aid.