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 General

Don Drumm Studios

Metro RTA


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

Pluto: The Browns split from Manziel is long overdue
Get Brock Osweiler from the Denver Broncos! He's fantastic and seems like a great person.

Democratic Senate hopeful P.G. Sittenfeld pushes for local gun control
That makes no sense at all... why not let cities determine driving codes as well? Maybe Cincy want's folks to drive on the left side of the road. What could go ...

Exploradio: Autism in the workplace
I would love to get more information re: Autism on The Town and other such programs in Northeast Ohio. Thanks!!

Human trafficking cases rise in Ohio
It is about time this is presented to proceed with a plan of prevention..to protect our youth.And very necessary to inform communities through school, churches ...

Fermented food company aims to preserve Cleveland's farm-to-table movement
This is terrific! I make my own sauerkraut and consider it vital to good health. Well done, I wish you all success.

Ohio doctors get new guidelines for prescribing certain painkillers
I would gladly smoke pot to get off pain killers but its not legal.It would save the hassle of doctor visits for pill counts,pee tests,blood tests,driving to pi...

Ohio unemployment cuts are nearing a Statehouse vote
What about those that are laid off seasonally? My husband has been employed by the same company for 26 years and has been laid off (for the last 17) mid-Januar...

Ban on microbeads is a big step in fighting plastic pollution
What a bunch of liberal "so open minded their brains fell out" tree huggin yuppies. Professing to be wise they became fools.

Who's on -- and left off -- Ohio's medical marijuana task force?
Biggest joke everm these people are evil they know marijuana is harmless they rigged the polls last nov everypne kmows it

Dayton 'Black Lives Matter' protesters to appear in court today
Police to fast with the trigger finger and not the brain.A lot of police officers out here judge by color first instead of accessing the situation first. If a p...

Copyright © 2016 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