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.

Wayside Furniture

Northeast Ohio Medical University

Hennes Paynter Communications


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


Senator Brown supports bill to make student loans more clear
The Know Before You Owe Act would increase disclosure and transparency between college students and lenders
Story by KELSEY LEYVA


 
U.S. Senator Sherrod Brown says more transparency in college loans will prevent predatory lending. His bill would add language to the Truth in Lending Act to help students understand the terms of school loans.
Courtesy of WKSU
Download (WKSU Only)
In The Region:

Student debt now exceeds $1 trillion in the U.S. and that is one of the main reasons Ohio Senator Sherrod Brown is supporting a new law to improve college students’ understanding of school loans.

Brown announced during a conference call Tuesday that he is co-sponsoring the Know Before You Owe Act. The bill is intended to increase disclosure and transparency between college students and lenders.

LISTEN: Senator Sherrod Brown discusses Know Before You Owe Act

Other options:
Windows Media / MP3 Download (0:12)


“There’s no question there’s enough information available to all of us in this society for darn near anything. The problem is the quality of the information, the presentation of it – that you shouldn’t have to be a lawyer to understand this.”

Among other things, Brown’s bill would require private lenders to provide students with updated information about their loans at least once every three months.

The bill also requires lenders submit an annual private student loan report to the Consumer Financial Protection Bureau.
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

Pluto: Another off-season, another Browns quarterback conundrum
The Browns do need a draftable QB for the future. Johnny Manziel needs to go and that leaves Brian Hoyer and Connor Shaw. Free agency doesn't really have any so...

Exploradio: Improving the lives of paralyzed people
God bless you doctor. I hope to be alive the day that humans, like me, can use the results of your search...

Nature and nourishment down by the river at the Metroparks' Merwin's Wharf
I love QUICKBITES! I look forward to it every week. One question: is it possible to include a link to the restaurant or store that you profile? Thanks!

Canton's proposed Timken-McKinley school merger is drawing spirited debate
From a sports opinion Varsity would have a lot more talent to choose from So Im sure varsity sports would improve.Also Timkens name would be much more published...

Canton school board will decide whether to merge high schools
I really hope we can save those jobs, usually we try to cut budgets but the demand is still the same. Then we look bad a year or two after the descion is made. ...

FirstEnergy wants PUCO guarantees on nuclear and coal prices
Would just comment that the plant has admitted the following (as reporting in the Akron Beacon Journal): "The utility has said it may have difficulty keeping t...

Mozzarella's easy when you have a way with curd
Hello, Where can I get such a heater that you have? Does it hold temperature that you set? What brand and model is it? Thank you in advance!! :)

Pluto: A healthy LeBron James is the key for the rocky Cavs
It's time to back our Cleveland professional teams through thick and thin. I've seen management, players and coaches come and go and it hasn't changed a thing. ...

Legal marijuana group offers new details about ballot issue
Americans feel as if they should have the right to decide on their own if and when it is or is not a responsible time to have a drink or smoke a joint. The fac...

The PUCO is assessing what happened in Akron's AT&T outage
not the first time for that steam pipe break... happened in the late 70's when the office was being converted to electronic switch ESS.. was a big mess then but...

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