Higher Ed

News Release | CALPIRG | Higher Ed

Student Loan Interest Rates to Double for 550,928 Californians

Unless Congress acts, on July 1, the interest rate for 550,928 student loan borrowers in CALIFORNIA will double from 3.4 percent to 6.8 percent. According to an issue brief released today by CALPIRG, the rate increase would hike the cost of California students’ loans by $543,765,936 million. That translates into a $987 increase in debt per student, per loan.

Report | CALPIRG | Higher Ed

Issue Brief: Student Loan Debt in California

Without a new plan from Congress, on July 1 the interest rate on subsidiezed Stafford student loans will double, from 3.4 percent to 6.8 percent. This brief highlights the impact on California borrowers and the California economy.

News Release | CALPIRG Education Fund | Consumer Protection, Higher Ed

FDIC Orders Higher One to Repay Students $11 million in Campus Debit Card Settlement

FDIC announces an $11 million civil penalty of Higher One, the largest campus financial aid disbursement and debit card company, for alleged “unfair” and “unsafe” practices.

News Release | CALPIRG | Higher Ed

Local Faith Groups Call on Congress to Keep Student Loan Interest Rates Low

As the Senate debates student loan reform, congregations across California are calling on Congress to make college more affordable. Congregations, including St. Luke’s Episcopal Church in Calistoga, Lutheran Church of Our Redeemer in Oxnard, Nevada City United Methodist Church in Nevada City, Bethlehem Lutheran Church in Encinitas, Arlington Community Church - United Church of Christ in Kensington, and Moravian Church in Downey, are circulating petitions and mobilizing their members to urge Congress to stop the student loan interest rate from rising. 

News Release | CALPIRG Education Fund | Consumer Protection, Higher Ed

BANKS SKIM MILLIONS IN FEES FROM STUDENT AID

Banks and other financial firms take advantage of partnerships with colleges and universities, harming students.

Report | CALPIRG Education Fund | Consumer Protection, Higher Ed

The Campus Debit Card Trap

Banks and other financial firms take advantage of partnerships with colleges and universities, harming students.

New FCC rules to prevent cramming on landline phone bills

By | Jon Fox
Consumer Advocate

FCC announces new rules to stop “Cramming” on land lines, ignores wireless phone lines.

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