President Obam has announced a series of initiatives that will reduce the burden of student loan debt that millions experience after graduation.
The Obama administration has announced an effort to better educate students about Income Based Repayment and has proposed a gap measure to accelerate the start of the 10% discretionary income cap for some student loan borrowers in 2012. This benefit would be available for those who have borrowed a federal student loan since 2008 and have another loan starting in 2012.
As budget cuts continue to dominate politics in Washington, DC, there was only one thing both sides of the aisle could come together and agree on in the latest round of budget cuts: protect the Pell Grant program.
The Textbook Rebellion kicked off a six-week, cross-country tour with events planned for 40 campuses nationwide. At the tour stop, the University of Maryland, coalition members, students, faculty and a representative from the U.S. Department of Education were joined by the tour mascots, 'Mr. $200 Textbook' and 'Textbook Rebel,' to announce the launch.
It's been 8 years since we launched a campaign to make textbooks more affordable. I’m impressed by the progress we’ve made, but there’s still much work to be done.
It’s buying season though, so before I give the rundown on the campaign, check out the NYT’s Guide to Finding Cheap Textbooks.
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