PIRG in the News

Media Hit | Higher Ed

Student Loan Overhaul Approved by Congress

WASHINGTON — Ending one of the fiercest lobbying fights in Washington, Congress voted Thursday to force commercial banks out of the federal student loan market, cutting off billions of dollars in profits in a sweeping restructuring of financial-aid programs and redirecting most of the money to new education initiatives.

Media Hit | Textbooks

In a Digital Age, Students Still Cling to Paper Textbooks

CLINTON, N.Y. — They text their friends all day long. At night, they do research for their term papers on laptops and commune with their parents on Skype. But as they walk the paths of Hamilton College, a poster-perfect liberal arts school in this upstate village, students are still hauling around bulky, old-fashioned textbooks — and loving it.

Media Hit | Higher Ed

In The Public Interest: Student Loan Defaults Skyrocket, Double in Past 6 Years

On September 12th, the US Department of Education released the official FY 2009 cohort default rates on student loans. The number of students who defaulted within two years of entering repayment increased to 8.8%, up from 4.5% in FY 2003 and 7% in FY 2008.

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.

Media Hit | Higher Ed

New York Times: Student Loan Interest Rates Loom as Political Battle

Rich Williams, the higher education advocate for U.S. Public Interest Research Group, said he thought about 14 moderate Republican senators might support the effort to keep the interest rates down. “This should be a bipartisan issue,” he said. “It’s something everyone gets.”

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