House OKs student loan bill, ignores veto threat

Many college students across the country are finding themselves in a financial quandary.

April 30, 2012 8:39:35 AM PDT
Republicans defied a veto threat and the House voted Friday to prevent federal loan costs from doubling for millions of college students. The vote gave the GOP a momentary election-year triumph on a bill that has become enmeshed in partisan battles over the economy, women's issues and President Barack Obama's health care overhaul.