News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Northeast Ohio Medical University

NOCHE

The Holden Arboretum


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Government and Politics


Brown says student loan bill does not do enough
Ohio senator says loan rates could go up as economy improves
Story by EMILY MCCORD


 
Senator Sherrod Brown says that even with rate caps, student debts could become a considerable burden as the economy improves.
Courtesy of U.S. Senate
Download (WKSU Only)
In The Region:

The Senate passed a bill this week that will lower student-loan interest rates for a few years. Democratic Ohio Senator Sherrod Brown is not happy with the legislation and he says more needs to be done to help students.

LISTEN: MCCORD ON STUDENT LOANS

Other options:
Windows Media / MP3 Download (1:05)


The bill ties student loan rates to the financial markets. Right now, it means lower interest rates but if the economy improves, it could mean that those rates will be much higher. The bill caps the rate at 8.25 percent for undergrads. It was a bipartisan bill.

President Obama called it a victory and national education advocates say it was the best deal possible. But Brown says it does not address the cost of higher education and the rate cap is not enough.

"It’s still an oppressive debt on them as they get out of college and community college or a four-year school," Brown says. "It means they’re not buying a house in many cases or starting a business. They’re not doing the things, starting a family, that we want them to do for their own fulfillment and also for this economy."

Brown says he expects the bill will pass the house and plans to propose future legislation, like a bill aimed at private student loans. Brown says he wants banks and private lenders to work with students to refinance their loans to help get them out of debt.

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook



Stories with Recent Comments

Jewish challah and Native American fry bread at an Akron cultural exchange
Each time I saw the young students relate to each other, I got goose bumps. These young students can and hopefully will teach all of us to live and respect eac...

One of the Cleveland Orchestra's most celebrated musicians bids farewell
I had the honor of studying with Franklin Cohen in the late 80s and early 90s. He is unparalleled both as a clarinetist and as a musician. His deep personal war...

Summa's dress code is not 'etched in stone'
SOME OF THESE POLICIES ARE A COMPLETE JOKE. UNLESS YOU ARE DOING THESE TYPE OF JOBS EVERY DAY, YOU DON'T KNOW WHAT IS COMFORTABLE AND REASONABLE OR NOT. UNLESS ...

In a crowded, controversial field, Kasich's low-profile may be a boon
I think it should be required that if a candidate wants to use the facilities of one of our state universities to promote him- or herself, they should be requir...

How's Kasich selling in New Hampshire, and what about Iowa?
"If he heads there, says Gomez, he’ll either have to shy away from those issues, flip flop or “stick his finger in their face and say, ‘Yeah, yeah, I expa...

Ohio School Boards Association says new law could mean state takeovers of schools virtually anywhere
It would be nice if the state were this concerned about the dozens of failing charter schools.

Republican National Convention plans outreach to African American voters in Ohio
Too late! Seriously - I think the Republicans already blew another outreach campaign to blacks when they allowed many prominent members of their party to spea...

Canton adds acoustic sensors to locate gun shots
We never had drive by shootings and all these gun slingers until about ten years ago. I have lived here in the same old German neighborhood since 1947. The ...

Sister of suicide victim claims complaints about school bullies were ignored
My name is Eliza Hogge and I am so sorry for the loss of your precious daughter. I am trying to contact Sladjana Vidovic's family about using your precious daug...

Drivers follow GPS onto railroad tracks in Cuyahoga Falls
Blaming it on your GPS does not "get it"; you should be paying attention and looking before turning. In short, I would also say, "Get off your f***ing phone and...

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University