Higher Ed

The Campus Debit Card Trap

Banks and other financial firms are taking advantage of a variety of opportunities to form partnerships with colleges and universities to produce campus student ID cards and to offer student aid disbursements on debit or prepaid cards. In addition to on-campus services, such as student ID functions offered on the card, some cards offer traditional debit card services linked to bank accounts; other cards provide additional reloadable prepaid card functions. The disbursement of financial aid and university refunds is the most significant partnership identified.

There is no 'A' for effort

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Here's my statement on the failure to move debate forward on a bill to prevent student loan interest rates from doubling this July.

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Report | U.S. PIRG | Higher Ed

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

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. If that occurs, millions of students will see their interest rates soar to 6.8 percent on the new loans they take in the next year thereby causing a steep rise in their loan burden and effectively increasing the cost of attaining a college degree.

News Release | Higher Ed

Senators Block Bill to Keep Student Loan Interest Rates From Doubling On July 1

“The bottom line is that this is important to future graduates and their families, it is a top concern among students, and has support from across the political spectrum."

Media Hit | Higher Ed

A Run for Your Money

The Diamondback Editorial Board wrote their editorial about the importance of the doubling of student loan interest rates in July. It's always great when the campus paper, student government, and our Congressional Rep. understand the importance of investing in higher education and our future. Check out the full story:

Media Hit | Higher Ed

Obama, Romney focus on student debt as campaign issue

“This should send a clear message to Congress that this is a common sense nonpartisan issue,” said Rich Williams, higher education advocate for U.S. PIRG.

Media Hit | Higher Ed

New York Times: Student Loan Interest Rates Loom as Political Battle

Rich Williams, the higher education advocate for U.S. Public Interest Research Group, said he thought about 14 moderate Republican senators might support the effort to keep the interest rates down. “This should be a bipartisan issue,” he said. “It’s something everyone gets.”

Media Hit | Higher Ed

TIME TO RALLY

On Thursday, UMD students rallied on the Mall against the $50million cut coming to USM. Chants of "Back to Annapolis!" urge legislators and Governor O'Mally to call a special session and priroitize higher education as an investment in our future. 

Media Hit | Higher Ed

Video: TIME TO RALLY

Video clip of the Higher Education Rally in the afformentioned medai hit, TIME TO RALLY.

Media Hit | Higher Ed

Students Rally Against Cuts

Facing over $50million in cuts to the University, President Loh and the Student Government Association discussed how they could be work together in the coming months to ensure that our higher eduaction dsystem in Maryland is not drastically affected. These cuts sparked the creation of Students for Maryland, a coalition of the SGA, MaryPIRG, Campus Dems, and others who are working to lessen the negative impact of the state budget on higher education.

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