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Low Loan Interest Rates, More Work-Study Pushed by Obama
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.
In this economy, we cannot double the student loan interest rate. Without a new plan, millions of students will pay a crushing $5,000 more on their student loan than they otherwise would. Students are already weighed down by state budget cuts, struggling family finances and uncertain job prospects. We applaud President Obama for his proposal to keep student loan interest rates low.
If Congress does nothing, students who takeout the maximum $23,000 in subsidized student loans will see their interest balloon to about an additional $5,000 over a 10-year repayment period and $11,000 over a 20-year repayment period.
In addition to loans, many students work their way through college to keep their debt burden low. However more full time students are becoming full time workers. With the economic down turn, it is getting harder for those students to find and continue employment. Doubling the amount of work-study jobs, as proposed by the President, will help support needy students willing to work hard make it to graduation.
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We collect petition signatures - lots of them! -
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CALPIRG students asking Governor Jerry Brown what his plan is to make higher education more affordable. -
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Vote Yes for OSPIRG! -
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Students campaign for High Speed Rail. -
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Students at Southern Oregon University gather petitions to reduce plastic bag usage in the city of Ashland. -
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Volunteers wear the textbook mascot costumes to educate students about affordable textbook alternatives. -
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Students posing with the textbook Rebellion books, We Want Cheaper TEXTBOOKS!! -
UCSD CALPIRG’s Protect Our Oceans Campaign. We want to stop the continued plastic pollution of our oceans. Join us! -
UCSD students posing with Charlie the CFL after pledging to save energy in 1 to 4 ways at home. -
Textbook Rebel and Mr. $200 drew attention to outrageous textbook prices. -
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Students educate others about different ways to reduce energy. -
The Energy Efficiency campaign tabling to give away free CFLs and educate others about simple ways to reduce energy use. -
Student leaders educate the campus about income inequality during National Hunger and Homelessness Awareness Week. -
MaryPIRG students collect canned food for the Canpaign at UMD. -
