Today, the U.S. Senate voted on S. 953, the Student Loan Affordability Act, sponsored by Senators Harkin and Reed, to extend the low 3.4 interest rate on subsidized Stafford student loans by investing $8 billion into the program.
United States Student Association (USSA), students, and youth organizations joined President Obama at the White House to call on Congress to prevent student loan interest rates from doubling on July 1st.
This provision in the budget would remove student choice and democracy on campus.
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Today, USAction is making a major announcement: longtime activist Fred Azcarate, who founded Jobs with Justice in the 1990s and has been running the jobs campaign effort at the AFL-CIO since 2007, will join USAction as our new Executive Director. We couldn’t be more thrilled. At USAction, we believe that winning our progressive agenda demands [...]
A large technical-worker union that plans a strike at five University of California hospitals next week opposes the next phase of a pension reform, arguing that costs have been overstated to get workers to pay more toward their pensions.
Statement from Coalition of student and youth groups on Representative Kline’s student loan proposal
We will continue to work with lawmakers on both sides of the aisle to craft a solution before July 1 that keeps interest rates low for students.
Rep. Bass will discuss her legislation, H.R. 1330, which would allow debt forgiveness up to $45,000 after eligible borrowers have made 10 years of payments at 10 percent of their discretionary income. Additionally, the legislation calls for suspending interest rates while borrowers are unemployed and looking for work.
Lawmakers Join United States Student Association in Tackling Student Debt