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.

Akron Children's Hospital

Levin Furniture


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

The Black Keys guitar tech's moment in the spotlight
Nice job, Vivian. It's always nice to hear about the unsung heroes getting their due! Thank you, Chuck Johnston (Full disclosure - I'm a friend of the Carney fa...

Akron's Tuba Christmas: A resounding blast of holiday spirit
Nice piece, Vivian! Looking forward to hearing you move from flute to tuba on Saturday. Love hearing your interviews and this seemed extra special since I kno...

Cleveland Hugo Boss workers are fighting for their jobs again
Bro. Ginard; I support your effert to keep your jobs, I understand all about concesions, I was a Union offical from 1965 until 1991 and the company th...

Asian Carp control could benefit from bill passed by House, heading to the Senate
help me fight the battle against invasive carp by method of harvest

Ohio's Portman supports lifting limits on party political money
If Portman was legitimately concerned about outside groups influence on elections he would have supported the DISCLOSE act. Instead he helped block it being bro...

Study shows trade with China has cost more than 3 million U.S. jobs
I disagree with James Dorn! If we don't change the playing field and make it a fair competition the whole US industry will be weaker and weaker. Eventually all ...

Video of Cleveland police shooting a 12-year-old is critical to the investigation
While I think this is a very unfortunate, the fact is that police are trained to aim for the large mass of a human to stop them. If they aimed for the leg it w...

Wayne County teacher says he was fired for criticizing dairy
This is bull crap Smithville Schools have changed ever since the new school I'm so ashamed at the district I wish I could pick my house up and move it to anothe...

White Castle is closing its five Northeast Ohio restaurants
you should open a white castle in logan ohio.i'm pretty sure you disappointed,thank you...

Copyright © 2014 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