It was a BIG week for our student loan interest rates campaign starting with a BIG press conference in DC.
Great editorial in support of banning bags in LA. Way to go LA Daily News.
The loans distributed by the U.S. Department of Education currently hold an interest rate of 3.4 percent. But that rate is set to double if Congress fails to act by July 1, 2012. If that occurs, millions of students will see their interest rates soar to 6.8 percent on the new loans they take in the next year thereby causing a steep rise in their loan burden and effectively increasing the cost of attaining a college degree.
“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."
PIRG In The News
Local politicians and environmental advocates joined the UC Berkeley chapter of CALPIRG on Upper Sproul Plaza Wednesday to speak about the importance of banning the distribution of single-use plastic bags in California.
CALPIRG is meeting with Congresswoman Lois Capps tomorrow to talk about the upcoming farm bill discussions and where priorities should be for federal farm subsidies.
Rich Williams, the higher education advocate for the U.S. Public Interest Research Group, said in a statement that Congress is “blindsiding about 143,000 students next year.”
Student groups at UCSB including the Associated Students Coastal Fund, Environmental Affairs Board, Isla Vista Surfrider Foundation and CalPirg, have banded together with campus administration and the Plastic Pollution Coalition to make a profound impact on the campus community and the City of Santa Barbara.
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