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

Who Is Richard Cordray?

When Representative Luis Gutiérrez, a liberal member of the House Financial Services Committee, heard over the weekend that President Obama had nominated Richard Cordray to head the Consumer Financial Protection Bureau, he wasn’t sure what to think. Not because he was unsure about Cordray’s record—Gutiérrez just didn’t know who he was.

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.

Media Hit | Hunger

Week of events at Oberlin will spotlight hunger, homelessness

OBERLIN — Organizers of next week’s Kick Off to Kick Out Hunger and Homelessness events at Oberlin College say there is a lack of awareness among many Americans about the depth of the problem of poverty in America.

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