Higher Ed

News Release | U.S. PIRG | Higher Ed

Education Department offers students much-needed relief, but additional action necessary

President Donald Trump and Education Secretary Betsy DeVos announced today that the Education Department would allow federal student loan borrowers to forgo payments for 60 days without penalty.

News Release | U.S. PIRG | Higher Ed

U.S. PIRG urges Congress to freeze student loan repayment during coronavirus outbreak

Freezing student loan payments for the duration of the pandemic will allow Americans to keep food on the table and stay safe. Congress needs to act swiftly to make it financially possible for people to do the right thing and stay home.

Consumer, Student Education Groups Defend CFPB To Congress

By | Chris Lindstrom
Senior Director, Campus Consumer Protection Campaign

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.

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