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Jason Donofrio,
Arizona PIRG

Arizona PIRG and ASA Urge Members of Arizona's Congressional Delegation to Not Double the Student Loan Interest Rate

For Immediate Release

While Congress debates whether or not to hike interest rates on student loans, students, labor, business and other leaders have pointed to the need to provide affordable opportunities to attend college.

The Arizona Public Interest Research Group (Arizona PIRG) and the Arizona Students’ Association (ASA) are urging members of Arizona’s Congressional delegation to not double the student loan interest rate. The following fact sheets speak to the situation in Arizona and across the country:

Arizona Financial Aid Crisis highlights 5 issues facing Arizona students: student debt, unmet need, total cost of attendance, shrinking aid, and lack of information regarding financial aid. 

Student Loan Debt in Arizona highlights how Arizona’s social and economic health relies on the success of its students and workers and the amount an average Arizona graduate carries in student loan debt.

The Pell Grant highlights how college can be more affordable for Arizona university and community college students.

Don’t Double My Rate addresses how unless Congress acts by July 1st, 2012, 7.4 million students across our country borrowing new federal student loans will see their interest rates double.

 

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