A Step in the Right Direction...

You may know I'm not a huge fan of the current administration. However, today President Bush signed into law an act that will help to limit some of the out-of-control profits that Big Banks have been racking up with the privatization of student loans. I am especially interested in this topic because I will be paying of our student loans until well after my children start college.

I am encouraged (and surprised) that President Bush would buck the banking lobby on this one. Perhaps he's got something up his sleeve that he'll deliver to them re: the mortgage crisis? (Which IMHO is another example of corporate land-grabbing gone wild).

Bush enacts deep student lender subsidy cuts - Yahoo! News