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Home Local Maryland Government Announcement Originally published July 19, 2013

TODAY/FRIDAY 1PM: CARDIN AND COPPIN STATE STUDENTS WILL DISCUSS RECENT DOUBLING OF STUDENT LOAN INTEREST RATES



For Immediate Release

CONTACT: Sue Walitsky 202-224-4524 or 202-320-0819 (cell)

July 19, 2103

 

 

*** MEDIA ADVISORY ***

 

CARDIN AND COPPIN STATE UNIVERSITY STUDENTS WILL MEET TO DISCUSS

 

RECENT DOUBLING OF STUDENT LOAN INTEREST RATES

 

TODAY/Friday, July 19 at 1:00PM, U.S. Senator Ben Cardin (D-MD), will host a roundtable discussion at Coppin State University in Baltimore with students who are being impacted by the blocking of efforts to save student loan interest rates from doubling on July 1. Joining the discussion will be CSU President Dr. Mortimer Neufville. Senator Cardin has cosponsored and has been supportive of legislation that would keep student interest rates lower. His primary concern is that the federal government should not be making a profit off of students and their families.

 

“I am deeply disappointed that the some members of the Senate continue to play politics with student loans, putting an affordable higher education for many Americans at risk due to the higher price tag forced upon them by congressional gridlock.  We have got to stop this now,” said Senator Cardin “The doubling of subsidized Stafford loan interest rates is occurring at an already difficult time for many students at HBCU’s like Coppin State. Recent changes to the Parent PLUS (PPL) program has cost 28,000 students at Historically Black Colleges and Universities $50 million in student loans. This has been a huge burden for students and families and for the HBCUs, which on average have one-eighth the endowments of historically white institutions of higher learning.”

 

WHAT:           Senator Cardin Student Loan Roundtable at Coppin State

 

WHEN:          TODAY/Friday, July 19 – 1:00PM

 

WHERE:         Coppin State University - Talon Center, Room 214

2500 West North Avenue, Baltimore, MD 21216