Students Need a Strong Financial Watchdog, Too

TexPIRG

New In The Public Interest column on Monday in The Huffington Post from Andrew Merki, a senior at Indiana University-Bloomington and the chair of Indiana Public Interest Research Group.

“Sixty-two percent of Indiana’s college graduates carry student loan debt – an average $23,264 per student. Even if most of this is in the form of safer, federal loans, a significant amount is in private student loans, which are under-regulated and much riskier,” Merki notes in the column, where he makes the case for a strong Consumer Financial Protection Agency.