WASHINGTON (Reuters) - President George W. Bush signed into law on Wednesday a program to stabilize the $85-billion student loan industry, addressing lenders' warnings of a possible loan shortage in coming months.

WASHINGTON (Reuters) - The Bush administration said on Monday it will be ready to accept requests for emergency student loans from state guaranty agencies by June 1 under a program to stabilize the $85 billion student loan industry.

WASHINGTON -- Sallie Mae lost $104 million in the first quarter and fell short of Wall Street's expectations amid a severe disruption in the troubled student loan industry.