Bill that seeks to keep students out of debt passes Senate - WMC Action News 5 - Memphis, Tennessee

Bill that seeks to keep students out of debt passes Senate

NASHVILLE, Tenn. (AP) - A proposal that would restrict creditcard solicitations to students on college campuses is headed to thegovernor for his consideration.

The measure unanimously passed the Senate on Wednesday. It was approved 92-2 in the House last month.

The House sponsor is Speaker Pro Tempore Lois DeBerry, a Memphis Democrat who has struggled for almost 10 years to pass the legislation.

She said she wants to prevent students from graduating with debt because of the credit cards.

"It's something I've felt very passionate about," DeBerry said. "At a time like this where credit cards are causing people to foreclose, I want to do something to protect our kids, to give them a chance once they graduate."

The companion bill failed along party lines in the Republican-controlled Senate Education Committee last month. But a compromise amendment was later added to the bill, and the committee reconsidered its actions.

One agreement would allow colleges and universities to recruit customers on days when there are athletic events as long as the recruitment is in accordance with the institutions' policies.

Gov. Phil Bredesen could not be immediately reached for comment about whether he will sign the bill.

 

(Copyright 2008 by The Associated Press.  All Rights Reserved.)

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