Higher Ed

Groups target textbook prices to rein in college costs

A push to create free or inexpensive textbooks is gaining momentum as educators, philanthropists and policymakers nationwide search for new ways to rein in college costs.

Low Loan Interest Rates, More Work-Study Pushed by Obama

By | Rich Williams
Higher Education Advocate

In the annual State of the Union Address, President Obama proposed measures to bring relief to almost 8 million students who will see their student loan interest rates double on new loans starting July 1st, 2012.

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Resource | Higher Ed

Save Student Aid Campaign Project Packet

 

Download this resource for everything you need to know to organize the Affordable Higher Ed campaign on your campus.

 

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.

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.

Campaign | Higher Ed

Affordable Higher Education

A college degree is practically a necessity these days, not only for the individual student, but for the economic and social health of the country. But as states cut budgets, and grant aid has diminished, students are relying on loans to pay for college.

Risking Our Future Middle Class

Young Americans face “lasting damage” from the dual crises in the financial sector and in personal finance, making it urgent that Congress pass strong financial reform legislation.

Report | Student PIRGs, Demos, United States Student Association | Higher Ed

Subpriming Our Students

New Briefing Paper Says College Students Need Consumer Financial Protection Agency to ‘Watchdog’ Risky Loans.

Course Correction

The Student PIRGs conducted this study to determine how digital textbooks can live up to their potential as a solution.  Through a survey of 504 students from Oregon and Illinois and 50 commonly assigned textbook titles, we confirm three fundamental criteria – affordability, printing options, and accessibility.  We found that publishers’ digital “e-textbooks” fail to meet these criteria, and that an emerging form of digital textbooks – open textbooks – are a perfect match. (August 2008)

Report | Higher Ed

Cutting Interest Rates, Lowering Student Debt - Updated

In 2007 Congress passed the College Cost Reduction and Access Act. The bill included several provisions to lessen the burden of student debt including:

  • More than two billion dollars a year in additional funding for the Pell Grant program. The Pell Grant helps more than 5 million lower-income students each year.
  • A new Income-Based Repayment program that allows student loan borrowers to repay their federal loans as a percentage of their income. 
  • Reductions in interest rates on subsidized Stafford student loans.

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