Higher Ed

Consumer, Student Education Groups Defend CFPB To Congress

By | Chris Lindstrom
Higher Education Program Director

Nearly 60 student, consumer, and education groups signed on to this letter that was sent up to the Hill on Monday, February 13.  It calls for the CFPB to remain a strong, independent agency, so it can protect student loan borrowers (and taxpayers) from predatory lending tactics.

Result | Higher Ed

Protecting students from unfair bank fees

We helped win protections for students from unfair fees associated with campus bank accounts. The new rules, released by the U.S. Department of Education, ban some of the worst and most predatory fees that students encounter from banks.

News Release | Arizona PIRG | Higher Ed

Student Loan Interest Rate Deal Will Make Things Worse

Senate lawmakers last night agreed to a deal on student loan reform that could be voted on as early as Tuesday of next week. The new proposal makes long-term changes to the student loan system, which address Congress’ budget crisis by charging student loan borrowers more. This deal prompted Arizona PIRG to call on Arizona Senators McCain and Flake to vote against the bill.

News Release | Arizona PIRG | Higher Ed

Interest Rates for Arizona Student Loan Borrowers Double

Due to Congressional inaction, the interest rates on federally subsidized student loans doubled on July 1 from 3.4-percent to 6.8-percent. According to the Arizona Public Interest Research Group (Arizona PIRG), the change will translate into a $902 increase in debt per Arizona college student, per loan.  However, because most new student loans are issued in August and September, Congress can still pass a retroactive fix.

News Release | Arizona PIRG | Higher Ed

Interest Rates for Arizona Student Loan Borrowers Set to Double on July 1st

Unless Congress acts by July 1, the interest rate for student loan borrowers in Arizona will double from 3.4 percent to 6.8 percent. According to an issue brief released today by the Arizona Public Interest Research Group (Arizona PIRG), the rate increase would translate into a $902 increase in debt per Arizona student, per loan.

A New Direction In Driving Trends

After a 60 year boom, driving is on the decline in the U.S. and no likely scenario shows it returning to previous levels of growth. 

News Release | Arizona PIRG | Higher Ed

Responding to Students, Congress Extends Low College Loan Rate

Statement of Serena Unrein, Arizona PIRG Public Interest Advocate, on the Congressional passage of bipartisan legislation to prevent subsidized Stafford student loan interest rates from doubling.

News Release | Arizona PIRG | Higher Ed

Real Estate Agents Call on Congress to Keep Student Loan Rates Low

Today, real estate agents joined 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.

News Release | Arizona PIRG | Higher Ed

No 'A' for Effort for U.S. Senate on Student Loan Interest Rates

Statement of Serena Unrein on the failure of the U.S. Senate to move debate forward on a bill to prevent student loan interest rates from doubling this July.

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