News Release

Contact

Romney Endorses Low Interest Rate for Student Loans

For Immediate Release

Washington, D.C. – Today presidential candidate and Republican Mitt Romney endorsed an extension of the low student loan interest rate for subsidized Stafford student loan borrowers. On July 1, the low 3.4 percent rate will double to 6.8 percent, unless Congress intervenes. Close to 8 million students will be negatively impacted.

“We applaud Governor Romney’s support,” stated Rich Williams, higher education advocate for the U.S. Public Interest Research Group.

“His endorsement should send a clear message to Congress that this is a common sense proposal and they should approve the extension to help young people and the broader economy.”   

# # #

U.S. PIRG, the federation of State Public Interest Research Groups, is a non-profit, non-partisan public interest advocacy organization with campus chapter affiliates across the country representing hundreds of thousands of students.

Priority Action

The overuse of antibiotics on factory farms is threatening the effectiveness of lifesaving antibiotics. Call on the Obama administration to put an end to the worst practices.

Support Us

Your donation supports U.S. PIRG’s work to stand up for consumers on the issues that matter, especially when powerful interests are blocking progress.

Consumer Alerts

Join our network and stay up to date on our campaigns, get important consumer updates and take action on critical issues.