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Showing blog posts tagged with student loans

Our Children Are Our Future. Or Are They?

NextUp photo via Twitter

An “old school” demonstration Friday on Capitol Hill by American college students protested proposed cuts by House Republicans to Pell Grants that help our children afford college. I use the phrase “our children” because it is a well-worn phrase “our children are our future.” House Republicans appear to believe they are not “our children,” but your children; and you had better figure out how to get them educated because they are your problem, not our future. This is carrying the case for individualism to an absurd level.

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This Is an Emergency

Ohio AFL-CIO NextUp members show us their collective student loan debt.

Senate Republicans this month blocked Sen. Elizabeth Warren’s (D-Mass.) bill that would let students refinance their college loans. It’s not the first time. They also did it in June.

Don't they realize "student loan debt is an emergency?" writes AFL-CIO Secretary-Treasurer Elizabeth Shuler in her recent MomsRising column

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Give Responsible Student Loan Borrowers a Chance

Student loan borrowers are trying to do the responsible thing by paying off their loans but are being punished with high interest rates.

When you take out a mortgage or car loan, you can refinance the loan to get a better interest rate. With student loans, however, you’re stuck with the interest rate set by Congress, even though that rate is high enough to produce massive profit beyond the costs of operating the student loan program. And that's just not fair. 

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New Law Will Increase Student Loan Interest Rates for Borrowers

New Law Will Increase Student Loan Interest Rates for Borrowers

Post-secondary students and their parents are in for a treat as they begin financial preparations for the coming school year.

Under the Bipartisan Student Loan Certainty Act, signed into law last summer, just as new federal student loan rates were set to double, student loan interest rates are now tied to financial markets, which means as the financial markets get stronger interest rates will get higher.

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Shareholders to Sallie Mae: Disclose Your Lobbying Activity

Image via Heathermg/Flickr

Sallie Mae, the United States’ largest student lender, got a wake-up call at its annual meeting on June 25, when more shareholders voted “for” than voted “against” the AFL-CIO’s stockholder proposal, calling for full disclosure of all company spending on lobbying in Washington, D.C., and each of the 50 states.

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