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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 | Higher Ed

Interest Rate Hike Threatens College Affordability, Will Lead to 20% Increases in Cost of College Next Year

Today, TexPIRG, the Young Invincibles, the Center for American Progress, and Campus Progress released a joint report on the looming threat of a major hike in the federal student loan interest rate. If Congress fails to act by July 1, the interest rate for Direct Subsidized Stafford Loan will double, rising to 6.8 percent. 7.4 million American students will see the interest rates on their student loans double, effectively raising the average cost of college by over $1,000 for millions of students and their families.

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News Release | TexPIRG | Solid Waste

As 25th Anniversary Approaches, Superfund Response to Natural Disasters and Toxic Waste Cleanups Jeopardized By Funding Shortfalls

On the eve of Superfund’s 25th anniversary, a new report released today by the U.S. Public Interest Research Group (U.S. PIRG) finds Superfund’s ability to respond to natural disasters and toxic cleanups jeopardized by persistent funding shortfalls.

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News Release | TexPIRG | Solid Waste

New Report Documents Dangerous Chemicals in Baby Products

Toxic chemicals can be found in common baby products, according to a new report released today by Texas Public Interest Research Group (TexPIRG). “The Right Start: The Need to Eliminate Toxic Chemicals from Baby Products,” documents toxic chemicals, including phthalates and polybrominated diphenyl ethers (PBDEs), in teethers, bath books, and sleep accessories.

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News Release | TexPIRG | Safe Energy

Oil Refineries Pose Unnecessary Security Risk to 1.9 Million People in Texas

Oil refineries needlessly put 1.9 million people in Texas at risk of injury or death in the event of an accident or deliberate attack, according to a new report documenting the major threat posed by refineries using hydrofluoric acid. In the wake of recent explosions at Texas chemical plants, the Texas Public Interest Research Group (TexPIRG) called upon the facilities, starting with BP’s Texas City refinery, to immediately switch to safer alternatives that could reduce or eliminate the threat.

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News Release | TexPIRG | Financial Reform

Hard-Fought Texas Identity Theft Prevention Laws At Risk

Texas has been an early leader in the fight to prevent identity theft, but tough laws adopted in recent years are being threatened by an industry effort to preempt the standards at the federal law, warned a consumer advocacy group today. Senator Hutchison (R-TX) and other members of the Senate Commerce committee will vote on the proposal on Thursday.

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News Release | TexPIRG | Health Care

TexPIRG Applauds Governor Perry’s Signing of Canadian Prescription Drugs Bill

The Texas Public Interest Research Group (TexPIRG) applauded Governor Rick Perry today for signing into law a measure to give Texans easier and safer access to prescription drugs from Canadian pharmacies. SB 410, which authorizes the continuation of the state pharmacy board, included an amendment that directs the state pharmacy board to inspect and designate pharmacies in Canada as reliable vendors of prescription drugs. In addition, the law calls for the state to create and maintain a website to educate consumers on drug availability and pricing from designated pharmacies.

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