Higher Ed

Consumer, Student Education Groups Defend CFPB To Congress

By | Chris Lindstrom
Higher Education Program Director

Nearly 60 student, consumer, and education groups signed on to this letter that was sent up to the Hill on Monday, February 13.  It calls for the CFPB to remain a strong, independent agency, so it can protect student loan borrowers (and taxpayers) from predatory lending tactics.

Result | Higher Ed

Protecting students from unfair bank fees

We helped win protections for students from unfair fees associated with campus bank accounts. The new rules, released by the U.S. Department of Education, ban some of the worst and most predatory fees that students encounter from banks.

Report | OSPIRG Foundation and OSPIRG Students | Higher Ed

Fixing the broken textbook market

This study demonstrates that despite recent steps forward in the marketplace, high textbook costs will continue to be a problem for students unless the cost of high-priced, new editions of college textbooks comes down.

What affects my credit in Oregon?

Knowing what affects your credit is essential to your financial health because your credit affects everything from your ability to get a mortgage, a car loan or even a job.

News Release | OSPIRG | Higher Ed

Interest Rate for 121,570 Student Loan Borrowers in Oregon Doubles

Due to Congressional inaction, the interest rates on federally subsidized student loans doubled on July 1 from 3.4 percent to 6.8 percent. The change will affect 121,570 students in Oregon, and in total the rate increase will hike the cost of Oregon students’ loans by over $110 million. That translates into a $906 increase in debt per student, per loan.

News Release | OSPIRG | Higher Ed

Interest Rates for 121,570 Student Loan Borrowers in Oregon Set to Double on July 1

Unless Congress acts, on July 1, the interest rate for 121,570 student loan borrowers in Oregon will double from 3.4 percent to 6.8 percent. According to an issue brief released today by OSPIRG, the rate increase would hike the cost of Oregon students’ loans by over $110 million. 

Wasteful student lender subsidies cut. Winner: students.

Congress finally ended wasteful subsidies to student lenders that diverted billions of dollars annually away from helping more students go to college.

Wasteful student lender subsidies cut. Winner: students.

By | David Rosenfeld
Executive Director

Congress finally ended wasteful subsidies to student lenders that diverted billions of dollars annually away from helping more students go to college.

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