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

Levin Furniture

Akron General

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

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


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


Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook

Stories with Recent Comments

New options in Ohio for secular wedding ceremonies
Hello Mike, I support this action. I was not previously aware of the difficulty couples may encounter in locating officials to serve in their non-religious mar...

Northeast Ohio prepares for the next refugees -- whoever they may be
What a better place to place refugees than in the Midwest cities that have a steady population decline. These refugees will bring much to the culture and the ec...

Charter reform bill includes controversial change for some teachers
I work for a former White Hat charter school; it was sold to another (for-profit) company this past summer and we were told that they would not pay into STRS/PE...

Bhutanese resettlement has had a big economic impact
Informative especially for nonmembers of North Hill. I appreciate the fact that you mention that the younger generation has an easier time than the elders but t...

Ottawa County Commissioner sworn in as new house member
Congratulations on your new appointment to the Ohio House. I'm certain you will do an outstanding job in your new role representing our district. When you have...

Holden Arboretum opens a new canopy walk and emergent tower
Visited the Holden Arboretum today to witness the incredible work you did constructing the tower and bridges.WOW! Very impressed. Knew the build had to be great...

Local club works to bring back the once-prevalent American elm
I would love to help! Where would I get some of the new Strain so I could plant them?

Four Geauga school districts consider consolidating on the Kent State campus
Berkshire was smart to merge with Ledgemont because it had shrinking enrollment and excess capacity at its high school. Now that Cardinal is dragging its feet ...

Ohio Rep. John Boccieri sworn into office and hopes to look for 'middle ground' with colleagues
Welcome back to the Statehouse, John. You are a terrific representative in the truest sense always representing the people's voice in teh district you serve. ...

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