Higher Ed

Washington, D.C. – The Federal Deposit Insurance Corporation (FDIC) today announced an $11 million civil penalty and restitution settlement with the largest campus financial aid disbursement and debit card company, New Haven based Higher One, and its bank affiliate for alleged “unfair” and “unsafe” practices involving overdraft fees imposed on college students. 

Statement of Rich Williams, ConnPIRG Higher Education Advocate, on the Congressional passage of bipartisan legislation to prevent subsidized Stafford student loan interest rates from doubling:

Congress listened to students and their families and delivered a bill that stops student loan interest rates from doubling. Students already face unprecedented student loan debt and adding an additional $1,000 more would not only crunch individual borrowers, but would have further weighed down the recovering economy. We applaud Congress for coming together to pass this much-needed legislation.

New In the Public Interest column today on The Huffington Post by Rich Williams U.S. Public Interest Research Group (U.S. PIRG) Higher Education Advocate

Statement of Rich Williams, Higher Education Associate, representing hundreds of thousands of students across the country, on the passage of H.R. 4872

Statement of Rich Williams, ConnPIRG Higher Education Associate, representing hundreds of thousands of students across the country, on the House Reconciliation bill language.