Give Now

Delays, Closings and Severe Weather - View All Alerts and Updates

Student Interest Rates To Double If Congress Doesn’t Act

College debt is on the rise. One 9th District Congressional Candidates says politicians and educators need to work together to keep costs low.

According to the College Board, average debt per student borrower has risen in recent years, and interest rates will double if Congress doesn’t act to extend the low interest rate for student loans before July 1st.

At a press conference last Monday, 9th District Congressional Candidate Shelli Yoder said Congress needs to work more closely with universities when making decisions that affect students.

“We can make our higher institutions stronger, that the degrees that students come out with will set them up to be highly competitive well in the 21st century. It is a partnership, we do students, faculty and administrators. We need to hold each other responsible we need to help each other to make sure that the education that’s being offered is relevant, reliable and effective in today’s economy,” Yoder says.

IU Treasurer Mary Francis McCord says for the past two years the university has been working to develop metrics and academic progress. She says it’s important that the debt levels students are taking on are controlled. And Yoder says that responsibility should be on University administrators.

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Indiana Public Media News:

Support For Indiana Public Media Comes From

Search News

Stay Connected

RSS e-mail itunes Facebook Twitter Flickr YouTube

Follow us on Twitter

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Indiana Public Media News:

Recent Politics Stories

Recent Videos

Find Us on Facebook