News Releases

News Release | Higher Ed

President Signs Bill Preventing Student Loan Interest Rates from Doubling

Students can breathe a sigh of relief today. At least for the next year, student strapped with debt will get a temporary reprieve from doubling interest rates on their loans borrowed next year.

News Release | MassPIRG | Transit

STATEMENT OF MASSPIRG STAFF ATTORNEY LIZZI WEYANT ON PASSAGE OF THE SHORT-TERM FUNDING BILL FOR STATEWIDE PUBLIC TRANSPORTATION

“Late Wednesday night the legislature agreed to provide critical short-term funding in order to close the T’s budget gap for FY13 and to provide funds to stave off fare hikes and service cuts at the Regional Transit Authorities (RTAs) around the commonwealth. The legislature’s decision comes after months of hemming and hawing about how best to deal with the authority’s budget gap.

News Release | Health Care

RESPONDING TO STUDENTS, CONGRESS EXTENDS LOW COLLEGE LOAN RATE

Statement of Rich Williams, U.S. PIRG Higher Education Advocate, on the Congressional passage of bipartisan legislation to prevent subsidized Stafford student loan interest rates from doubling.

News Release | Student PIRGs | Consumer Protection, Higher Ed, Student Debt

Banks Skim Millions in Fees from Student Aid Using Debit-Card-Linked Student IDs

Washington, D.C. – Over 9 million students are at risk for increased educational debt, due to bank-affiliated student debit cards that come with high fees, insufficient consumer protections, and few options. Financial institutions now have affinity partnerships with almost 900 campuses nationwide, grafting bank products onto student IDs and other campus cards to become the primary recipient of billions in federal financial aid to distribute to students.

News Release | Higher Ed

Senators Block Bill to Keep Student Loan Interest Rates From Doubling On July 1

“The bottom line is that this is important to future graduates and their families, it is a top concern among students, and has support from across the political spectrum."

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