student loans

3:48pm

Wed May 14, 2014
Higher Ed

Gillibrand pushes for bill to cut student loan rates

Sen. Kirsten Gilibrand, D-N.Y. (file photo)
Ryan Delaney WRVO

As the debt load of recent college graduates continues to rise, New York's junior senator is stumping for a new bill that will cut the interest rate on federal student loans by nearly half.

Sen. Kirsten Gillibrand (D-N.Y.) is one of about two dozen Democrats backing a bill that will reduce the loan rate on undergraduate loans to about 3.8 percent, from the nearly seven percent they sit at now. The bill would also bring down the interest rates for graduate school loans.

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3:22pm

Mon January 27, 2014
Politics and Government

Investigation launched into student debt relief industry

Some rights reserved by Marsmettnn Tallahassee

Gov. Andrew Cuomo’s newly formed Student Protection Unit has launched an investigation into the student debt relief industry.

Led by the state Department of Financial Services (DFS), it’s designed to be a consumer watchdog for New York students. And, one day after being established in the 2014 Executive Budget address, the unit issued subpoenas to 13 companies in its first official action.

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4:09pm

Wed August 14, 2013
Obama visit to Syracuse

Obama to make a stop in Syracuse

President Barack Obama
Credit whitehouse.gov

The White House has confirmed that President Barack Obama will travel to Syracuse next week as part of a two-day bus tour to lay out his plan for reducing college costs.The president will also stop in Buffalo, Binghamton and northeastern Pennsylvania.

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