Make Higher Education Affordable

U.S. PIRG Higher Education Director Chris Lindstrom calling on Congress not to double the student loan interest rate.

Student Debt Is Skyrocketing

Higher education in America continues to be critical for both individual success and the social and economic health of our country. While college attendance has grown over the past two decades, state appropriations and federal aid have failed to keep pace with the rising cost of college, shifting more costs to students. As a result, more students than ever must rely on student loans to pay for a college degree, with the average borrower now graduating with over $26,000 in loan debt.  

Heavy student loan debt carries negative consequences for borrowers, who must make monthly payments with their hard-earned dollars rather than save up and get ahead. High debt can affect where graduates live, the kind of careers they pursue, when they start a family or purchase a home, and whether they can save for retirement. The combination of high student debt and low earnings can lead to default, ruined credit and wage garnishment. Such distress runs counter to the goal of higher education.

The U.S. PIRG Higher Education Project is working to:

1. Keep loans affordable: This July, interest rates will double on the subsidized Stafford loans that almost 8 million students use to pay for school. U.S. PIRG is campaigning to prevent interest rates from doubling and advocating for more and better repayment options once a student graduates. 

2. Increase grant aid to students, such as the Pell Grant: The Pell Grant is the federal government's cornerstone financial aid program, providing scholarship aid to almost 10 million students of modest income each year. U.S. PIRG is making sure that every student can rely on their grant to stay in school and make it to graduation.

3. Make textbooks affordable: Textbook prices are rising four times faster than inflation, leaving the average student now paying over $1,100 every year for textbooks. After working to end many tricks the publishing industry used to increase prices unfairly, U.S. PIRG is fostering real competition in the textbook market place by promoting more affordable options like open textbooks and open education resources.

Issue updates

News Release | U.S. PIRG | Higher Ed

FY18 Open Textbooks Program Appropriation an Important Step for College Students

Statement by Kaitlyn Vitez, higher education advocate for the U.S. Public Interest Research Group, on the inclusion of an open textbook program appropriation in the FY18 omnibus budget just introduced in Congress.

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News Release | U.S. PIRG Education Fund | Higher Ed

USPIRG Statement on Department of Education rule on Preemption of student loan servicing

Now that the U.S. Department of Education has said that state efforts to stop unfair and deceptive actions by federal student loan servicers are pre-empted by weaker federal law, student loan borrowers who have been misled by the financial firms servicing their student loans have lost access to strong consumer protections in the states. The Education Department's interpretation clears the path for predatory lenders and institutions to continue taking advantage of students seeking higher education. 

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News Release | The Student PIRGs | Higher Ed

Release of New Report: Open 101

Earlier today, the US Public Interest Research Group (US PIRG) released a new report, investigating those high textbook prices for common courses at schools across the country. Entitled Open 101: an Action Plan for Affordable Textbooks, the report contains recommendations that, if enacted, could save students billions of dollars by ensuring the materials that students buy for their general education classes is free instead.

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Report | The Student PIRGs | Higher Ed

Open 101

Skyrocketing textbook prices for common university courses are adding insult to the burdensome debt students assume to pay for college. This new report investigates those high textbook prices for common courses at schools across the country.

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News Release | Higher Ed

New Bill Could Save Students Millions In Textbook Costs

Statement from Kaitlyn Vitez, Higher Education Advocate, on action by U.S. Senators to address the rising costs of textbooks, proposing a new bill to create a grant program to promote free textbooks at colleges across the country.

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News Release | U.S. PIRG | Consumer Protection, Higher Ed

U.S. PIRG lauds consumer guide for safe bank accounts on campus

The U.S. Public Interest Research Group applauds the Consumer Financial Protection Bureau (CFPB) release of a Safe Student Account Toolkit for campus administrators, released after a several-year investigation into the unavoidable and unusual fees that students can be charged through campus bank accounts, particularly through the financial aid disbursement.

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News Release | U.S. PIRG | Consumer Protection, Higher Ed

U.S. PIRG Echoes CFPB Call for Improved Student Loan Servicing

Earlier today, The CFPB released a report reviewing the state of student loan servicing, identifying the industry’s pervasive failures.

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News Release | U.S. PIRG | Higher Ed

U.S. PIRG Joins 91 Organizations In Calling on White House to Open Access to Federally Funded Educational Resources

Washington, D.C. — Today, U.S. PIRG, along with a broad coalition of 91 education organizations, institutions of higher education, technology companies, and foundations called on the White House to ensure federally funded educational materials are made freely available to the public as the administration develops an Open Government Partnership plan this fall.

 

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News Release | U.S. PIRG | Higher Ed

College Students Win Key Protections against Banks, Financial Firms in Proposed Rule

 U.S. Department of Education reins in campus banking deals on campus

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Report | U.S. PIRG | Higher Ed

Rip-off 101: 2nd Edition

The State PIRGs conducted a survey of the most widely purchased textbooks at 59 colleges and universities across the country. Overall, the survey uncovered evidence that textbook prices are a significant part of college costs, that textbook prices are rising at a fast pace, and that publishers use a variety of tactics to inflate the cost of textbooks. In addition, we found that textbook publishers increase textbook prices faster than the rate of inflation between editions and charge American students more for the same books than students in other countries. 

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Report | U.S. PIRG | Higher Ed

Private Loans: Who's Borrowing and Why?

In recent years, increases in private education loan borrowing, in which students borrow outside of the federal loan programs, have sparked concerns within the higher education community.

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Report | U.S. PIRG | Higher Ed

Recommendations for Reauthorization of the Higher Education Act

The state PIRGs have approached proposals for Reauthorization of the HEA from the perspective of making college affordable for students: our first series of policy proposals seek to assist students while they are in school, while our second series of proposals intend to deal with the problems too many student borrowers face after they leave school. In addition, we have included a section on the importance of strengthening consumer rights for students, as students are too often the prey of an aggressive and complex marketplace.

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Report | U.S. PIRG | Higher Ed

Lending A Hand

The student loan industry, a $40 billion dollar-a-year market, is dominated by federally subsidized lenders. These lenders receive millions each year in subsidies from the federal government in addition to income from loan interest payments. This report documents the political spending of the five largest holders of federally subsidized student loans, namely Sallie Mae, the Student Loan Corporation of Citibank (a subsidiary of Citigroup), First Union National Bank, Wells Fargo Education Financial Services, and the National Education Loan Network (Nelnet).

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Report | U.S. PIRG | Higher Ed

At What Cost?

As college costs rise many students are turning to working long hours to finance their education. Nearly half of all full-time working students are working enough hours to hurt their academic achievement and the overall quality of their education. At the same time the majority of these students (63%) reported that they would not be able to attend college if they did not work.

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News Release | U.S. PIRG

The U.S. House of Representatives passed the bipartisan FUTURE Act today, which permanently funds historically black colleges and universities and other minority-serving institutions, and streamlines financial aid.

News Release | U.S. PIRG Education Fund

College is expensive, requiring many students to take out significant loans to afford an education. On top of that, students have to deal with the additional costs of textbooks, computers and other critical supplies. As students head back to school -- or to school for the first time -- U.S. PIRG Education Fund is releasing a money-saving guide to help them cut those additional costs.

News Release

U.S. PIRG and partners submit letters to DOJ opposing Cengage - McGraw Hill merger

News Release

Dozens of student governments and organizations urge DOJ to block the Cengage - McGraw Hill merger

News Release

Federal appeals court allows lawsuit to proceed under state consumer protection law.

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