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.
As you know, unless Congress takes immediate action, thousands of us will see our student loan interest rates double from 3.4% to 6.5% just weeks from now, on July 1, 2012.
The Senate vote is today on whether to stop student loan interest rates from doubling. We have President Obama, Republican presidential candidate Romney, and students on our side.
We can win this, but only if we show the Senate we aren’t backing down.
Today presidential candidate and Republican Mitt Romney endorsed Obama’s plan to prevent interest rates on subsidized Stafford student loans from doubling this summer on July 1 for nearly 7.5 million students. Without Congressional action, interest rates will increase from 3.4 percent to 6.8 percent.
The HEOA, short for the Higher Education Opportunity Act, is a higher education reform bill passed by Congress in 2008.