Senate bill looking to offer more student debt relief

Senate bill looking to offer more student debt relief

Pennsylvanians live with some of the highest amounts of student loan debt in America. A bill in the Senate could help reduce that burden.
 
Senate Bill 400, introduced by Sen. Vincent Hughes (D-Philadelphia), seeks comprehensive student loan reform for consumers. Titled the Higher Education Loan Protection Act, it requires more transparency in costs, more regulations for lenders, and offers more involvement from employers with assistance and tax credits. 
Thursday, August 1, 2019/Author: Marco Cerino
Categories: News and Views
Following appropriation increase, Penn State freezes tuition for second-straight year

Following appropriation increase, Penn State freezes tuition for second-straight year

Many students at Penn State University won’t see an increase tuition next year, as the school voted Thursday to freeze tuition for in-state residents for the 2019-2020 academic year.

 

The freeze comes as the Penn State University Board of Trustees approved the university’s 2019-2020 operating budget on Thursday, which totals about $6.8 billion in spending.

Friday, July 19, 2019/Author: Justin Sweitzer
Categories: News and Views
PASSHE hopes new tuition policies will help reverse fortunes but skeptics remain

PASSHE hopes new tuition policies will help reverse fortunes but skeptics remain

At a time when their state support is precipitously declining, Pennsylvania State System of Higher Education officials are pinning their hopes on a new, less restrictive tuition policy to help play a part in turning their fortunes around.

Earlier this month, the PASSHE Board of Governors approved a measure to delegate tuition-setting responsibilities to the 14 individual universities, as long changes are approved by the board.
Monday, April 15, 2019/Author: Andrew Bahl
Categories: News and Views
Tweets of the Week - April 8, 2019

Tweets of the Week - April 8, 2019

Check out the week as tweeted from lawmakers, influencers, and others around Pennsylvania state government.
Friday, April 12, 2019/Author: Mike Howells
Categories: Features
Senate Democrats unveil student loan refinancing plan

Senate Democrats unveil student loan refinancing plan

Pennsylvania college graduates have the highest amount of student loan debt per capita in the nation, and over 1.8 million residents carrying student loan debt. Three Pennsylvania senators are hoping their latest proposal will make it easier for these students to pay back their student debt by providing them the opportunity to refinance their loans at a lower, fixed interest rate.
 

Senators Vincent Hughes (D-Philadelphia), Katie Muth (D-Montgomery) and Lindsey Williams (D-Allegheny) spoke with reporters Wednesday to outline the Pennsylvania Student HELP Act, a multi-faceted bill that would allow students to refinance debt payments at a 4 percent fixed interest rate, while also enhancing protections for borrowers. 

Wednesday, March 20, 2019/Author: Justin Sweitzer
Categories: News and Views
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