WASHINGTON — The U.S. House of Representatives passed the bipartisan FUTURE Act today, which permanently funds historically black colleges and universities and other minority-serving institutions, and streamlines financial aid. Specifically, it allows the Internal Revenue Service and the Department of Education to share data that will shorten the Free Application for Federal Student Aid (FAFSA), and automatically re-certify the income of borrowers who are in an income-driven repayment plan.
WASHINGTON — Today, congressional leaders from both parties introduced legislation that could save American college students nearly a billion dollars on textbooks.
WASHINGTON — After being asked to comment on U.S. PIRG Education Fund’s report on oversized fees on college students’ checking accounts, Wells Fargo announced that it would be eliminating some fees on its campus debit cards.
WASHINGTON — Attending college can be one of the most expensive endeavors Americans face. According to U.S. PIRG Education Fund’s new report, Debit Cards on Campus: Putting Student Financial Well-Being At Risk, many banks are adding to that expense by partnering with schools to offer and aggressively market new checking accounts to students.
Today, 576 organizations and institutions of higher education sent a letter to Congress asking them to protect federal student aid as they finish up FY17 appropriations and start working on FY18. U.S PIRG worked in a large coalition representing students, institutions, educators, advocates, and employers to draft and circulate the letter of support. The letter comes after calls by President Trump to cut the Pell grant reserve by a combined $5.2 billion in FY17 and FY18 and multiple proposals in Congress to cut a portion of the Pell grant reserve.
We’re joining a nationwide push for Debt-Free education. Read more: http://www.huffingtonpost.com/ethan-senack/its-time-for-a-debt-free_b_12643348.html
We’re conducting a survey to get a better sense of the impacts of textbook costs on students. We’ll publish a report on our findings later this year.
Secretary of Education Arne Duncan is doing a live Q&A on Twitter on Wednesday, June 27th at 2:00 p.m. EDT. Secretary Duncan will answer your questions about college affordability and the administration’s education policies and priorities.
We just released a report, The Campus Debit Card Trap: Are Bank Partnerships Fair To Students, that shows banks skim millions in fees from student aid using debit-card-linked student IDs.
Here’s my statement on the failure to move debate forward on a bill to prevent student loan interest rates from doubling this July.