Obama signs law finalizing health care, loan redo

WASHINGTON The president completed the measure at Northern Virginia Community College, where he emphasized new help for college students.

The legislation was the second of two steps needed for the Democratic-led House and Senate to approve a health care package affecting virtually all Americans. The new law makes a series of fixes to the one Obama approved last week. It removes some unpopular provisions among other changes.

In the same swoop, Democrats added in a rewriting of college aid.

The new law strips banks of their ability to issue federal student loans in favor of direct government lending.

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