Today, real estate agents joined the Arizona Public Interest Research Group (Arizona PIRG) to call for an extension of the low rate on federal student loans. Congress has until July 1 to stop the interest rate on subsidized Stafford student loans from doubling to 6.8 percent. Student loan borrowers carry more than $25,000 in loans on average, which can hurt their creditworthiness and can stop them from qualifying for mortgages.
BURLINGTON, Vt. – Rep. Peter Welch is calling for an end to rip-off debit and prepaid card fees being charged by big banks to some college students in order to access their federal student loans.
Washington, D.C. – Over 9 million students are at risk for increased educational debt, due to bank-affiliated student debit cards that come with high fees, insufficient consumer protections, and few options. Financial institutions now have affinity partnerships with almost 900 campuses nationwide, grafting bank products onto student IDs and other campus cards to become the primary recipient of billions in federal financial aid to distribute to students.
Washington, D.C. – Over 9 million students are at risk for increased educational debt, due to bank-affiliated student debit cards that come with high fees, insufficient consumer protections, and few options. Financial institutions now have affinity partnerships with almost 900 campuses nationwide, grafting bank products onto student IDs and other campus cards to become the primary recipient of billions in federal financial aid to distribute to students.
“The bottom line is that this is important to future graduates and their families, it is a top concern among students, and has support from across the political spectrum.”
Statement of Rich Williams, Higher Education Advocate for U.S. PIRG, on the President’s call for extending lower interests on student loans to combat rising debt burden.
Washington, D.C. – President Obama spoke today at the University of North Carolina on the importance of higher education and his support for a proposal to stop student loan interest rates from doubling on July 1st.
A recent study released today by PennPIRG and a broad coalition of voter protection groups found that Pennsylvania’s new photo ID voting law could potentially disenfranchise more than 80% of the state’s college students.
A new report released today by The Student PIRGs demonstrates that Americans have been driving less since the middle of last decade. The report, Transportation and the New Generation: Why Young People are Driving Less and What it Means for Transportation Policy, shows that young people in particular are decreasing the amount they drive and increasing their use of transportation alternatives.
Statement of U.S. PIRG Tax and Budget Associate Dan Smith on the FY 2013 budget proposed by Chairman Paul Ryan of the House Budget Committee.
Washington, D.C. – With the student loan interest rate about to double this July for almost 8 million loan borrowers, The Student PIRGs and coalition partners deliver over 130,000 letters to Congress urging a different plan.
