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.
On December 15, the Florida PIRG Education Fund, along with the League of Women Voters of Florida and Rock the Vote, filed a lawsuit in federal court in Tallahassee challenging Florida’s onerous new restrictions on community-based voter registration drives on the basis that they violate both the U.S. Constitution and the National Voter Registration Act.