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Opinion: A compromise on student loans

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It’s encouraging to see that Congress is still capable of compromise, as demonstrated in the student loan bill recently passed by the Senate.

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The House already passed its version, which was compatible, and President Obama has signed off on the compromise.

In the short term, the bill means borrowing for tuition, housing and books will be less expensive for college kids this fall.

But the costs will climb as the economy improves.

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