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News Release | TexPIRG | Higher Ed

Doubling Student Debt Rates to Cost Texas Students $400 Million

Higher education advocates released new data today showing that an anticipated increase in the student loan interest rate would cost Texas students $400 million per year. The increase would affect federally subsidized Stafford loans, which are provided to almost 7.5 million low and moderate-income students nationwide each year. If Congress does nothing, then beginning on July 1st, the interest rate will double from 3.4% to 6.8% on new student loans.

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Report | TexPIRG | Higher Ed

Doubling Student Debt Rates to Cost Texas Students $400 Million

Higher education advocates released new data today showing that an anticipated increase in the student loan interest rate would cost Texas students $400 million per year. The increase would affect federally subsidized Stafford loans, which are provided to almost 7.5 million low and moderate-income students nationwide each year. If Congress does nothing, then beginning on July 1st, the interest rate will double from 3.4% to 6.8% on new student loans.

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Blog Post | Higher Ed

The New Student Battle Cry: Don't Double My Rate! | Melissa Cubria

The media and the country are just waking up to the alarming fact that unless Congress acts by July 1, the interest rate on subsidized Stafford student loans will double from 3.4 percent to 6.8 percent. Congress must not let that happen.

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Report | TexPIRG | Higher Ed

The Cost of College Will Soar if Interest Rates Allowed to Double

More than 7 million students and their families rely on Subsidized Stafford Loans to help pay for college. The loans distributed by the U.S. Department of Education currently hold an interest rate of 3.4 percent. But that rate is set to double if Congress fails to act by July 1, 2012.

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News Release | TexPIRG | Financial Reform

Chavez Bill Is Big Step Forward in Protecting Texas Homeowners from Predatory Lenders, TexPIRG Says

House Bill 3762, filed by Representative Norma Chavez (D-El Paso), would greatly curtail the exploitative practice of predatory mortgage lending, according to the Texas Public Interest Research Group (TexPIRG).

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News Release | TexPIRG | Financial Reform

Committee Hearings on Homeowners' Rights

In hearings that lasted from four in the afternoon until nearly four in the morning, the House State Affairs Committee heard testimony Monday and early Tuesday from a large number of aggrieved citizens and several consumer advocacy groups on how to reform the Texas Residential Construction Commission (TRCC) and the Home Lemon Law.

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News Release | TexPIRG | Financial Reform

Consumer Groups, Citizens, Present Dramatic Testimony at State Affairs Committee Hearings on Homeowners' Rights

In hearings that lasted from four in the afternoon until nearly four in the morning, the House State Affairs Committee heard testimony Monday and early Tuesday from a large number of aggrieved citizens and several consumer advocacy groups on how to reform the Texas Residential Construction Commission (TRCC) and the Home Lemon Law.

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News Release | TexPIRG | Financial Reform

Coalition of Advocacy Groups Calls for Legislative Action on Behalf of Texas Homeowners

A coalition of consumer advocacy organizations including the Texas Public Interest Research Group (TexPIRG), Texas Watch and Home Owners for Better Building, are calling on the Texas Legislature to enact legislation to relieve the plight of Texas homeowners.

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News Release | TexPIRG | Solid Waste

EPA Action Allows Companies to Withhold Information on Toxic Chemicals

For the first time ever, the Environmental Protection Agency finalized two rollbacks to the nation’s premier toxic pollution disclosure program, the Toxic Release Inventory (TRI). The changes announced today enable facilities to withhold currently reported information about toxic chemicals and restricts public access to information about toxic pollution. 

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