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In the annual State of the Union Address, President Obama proposed measures to bring relief to almost 8 million students who will see their student loan interest rates double on new loans starting July 1st, 2012.
2012 has already brought a tremendous victory for students and families.
Today the President appointed Richard Cordray as the director of the new Consumer Financial Protection Bureau (CFPB). The CFPB will rein in the bad business practices of banks, lenders, and credit card companies.
Big News.
Today Facebook settled a privacy complaint with the Federal Trade Commission. The FTC says Facebook "deceived consumers by telling them they could keep their information on Facebook private, and then repeatedly allowing it to be shared and made public." Read the FTC's full statement here.
We've joined two other leading consumer groups-- the Consumer Federation of America and Consumers Union (the advocacy arm of Consumer Reports magazine) -- in a letter to Congress in opposition to the so-called Stop Online Privacy Act, HR 3261 (SOPA).
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Campaign Updates
It's been 8 years since we launched a campaign to make textbooks more affordable. I’m impressed by the progress we’ve made, but there’s still much work to be done.
It’s buying season though, so before I give the rundown on the campaign, check out the NYT’s Guide to Finding Cheap Textbooks.
In the last 90 days 29,000 Somali children under the age of 5 have died –and if we don’t do something now, the death toll will grow by tens of thousands more.
The UN has officially declared a famine for the first time in nearly 30 years. The Eastern Horn of Africa is experiencing a major food crisis which threatens the lives of more than 12 million families and children.
As budget cuts continue to dominate politics in Washington, DC, there was only one thing both sides of the aisle could come together and agree on in the latest round of budget cuts: protect the Pell Grant program.
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Student leaders educate the campus about income inequality during National Hunger and Homelessness Awareness Week. -
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We collect petition signatures - lots of them! -
Hunger and Homelessness intern Roua Aboukhadijeh collecting interview footage on campus for a short film on poverty. -
Students campaign for High Speed Rail. -
Fast Trains ARE Cool. -
Students volunteer at a local garden for the National Hunger Cleanup. -
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Volunteers wear the textbook mascot costumes to educate students about affordable textbook alternatives. -
Students posing with the textbook Rebellion books, We Want Cheaper TEXTBOOKS!! -
Textbook Rebel and Mr. $200 drew attention to outrageous textbook prices. -
Six media outlets covered a stop on the Textbooks Rebellion tour to promote affordable alternatives to outrageously expensive textbooks.
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