News Releases

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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News Release | The State PIRGs | Higher Ed

Students to Congress: Don’t Double Student Debt Rates

Washington, D.C. – With the student loan interest rate about to double this July for almost 8 million loan borrowers, WashPIRG students and coalition partners deliver over 130,000 letters to Congress urging a different plan.

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News Release | Higher Ed

New Consumer Finance Chief Can Lower Student Debt

Washington, D.C. – Today, President Obama is taking a bold step to protect student consumers from financial tricks and traps by announcing a recess appointment of his well-qualified nominee, Richard Cordray, to head the new Consumer Financial Protection Bureau. The CFPB can improve private student loans as well as credit cards and debit cards issued on campus.

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News Release | Textbooks

'Textbook Rebellion' Launches Cross-Country Tour

The Textbook Rebellion kicked off a six-week, cross-country tour with events planned for 40 campuses nationwide. At the tour stop, the University of Maryland, coalition members, students, faculty and a representative from the U.S. Department of Education were joined by the tour mascots, 'Mr. $200 Textbook' and 'Textbook Rebel,' to announce the launch.

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News Release | Higher Ed

College Students ‘Subprimed’

Many of today’s college students face unnecessary financial risks by relying on unregulated private student loans to pay for college, with some students paying up to 18 percent interest.