You are hereHome >
Stopping Student Loan Interest Rates from Doubling
With college student debt reaching record levels, it is essential that we stop adding to students' loan burden. In spring 2012, U.S. PIRG speaheaded a coalition to stop the interest rate on federal Stafford student loans from doubling from 3.4 percent to 6.8 percent. This increase would have cost eight million students an additional $1,000 per loan. At the coalition's urging, Congress came together to find a bipartisan solution, extending the low interest rate for an additional year.
Join Our Call
Tell your representative to stand up for our democracy, and amplify the voices of small donors in our elections.
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.