Tag: student loans

Students offer take on proposed student loan refinance bill

A couple of UW-Green Bay students spoke Monday (Feb. 3) with WFRV, Channel 5’s Jenn Sullivan, reacting to a bill that would allow college graduates to refinance student loans. State Sen. Dave Hansen, D-Green Bay, is behind the effort, telling Sullivan it makes sense to allow an individual to refinance a student loan much as one can refinance a home or a car. Students Sullivan spoke with said it could help them pay off their debt down the road. Full story.

More on student debt: Editorial, review of yesterday’s coverage

We told you here yesterday about a student debt relief bill that was touted by state Sen. Dave Hansen and others during a Wednesday (Oct. 30) press conference held in the Cofrin Library, in front of the Division of Outreach and Adult Access. In addition to the news coverage we mentioned, the Green Bay Press-Gazette today (Thursday, Oct. 31) carried an editorial endorsing the idea of allowing refinancing of student loans — part of the plan Hansen and others have put forth. We’ve linked to that editorial, and again to some of yesterday’s and previous coverage (including our own), below:
Green Bay Press-Gazette editorial
Green Bay Press-Gazette article
Milwaukee Journal Sentinel
UW-Green Bay News

More on student debt: Editorial, review of yesterday’s coverage

We told you here yesterday about a student debt relief bill that was touted by state Sen. Dave Hansen and others during a Wednesday (Oct. 30) press conference held in the Cofrin Library, in front of the Division of Outreach and Adult Access. In addition to the news coverage we mentioned, the Green Bay Press-Gazette today (Thursday, Oct. 31) carried an editorial endorsing the idea of allowing refinancing of student loans — part of the plan Hansen and others have put forth. We’ve linked to that editorial, and again to some of yesterday’s and previous coverage (including our own), below:
Green Bay Press-Gazette editorial
Green Bay Press-Gazette
Milwaukee Journal Sentinel
UW-Green Bay News

Slideshow: ‘Higher Ed, Lower Debt’ advocates visit campus

A pair of local lawmakers used the plaza level of the UW-Green Bay Cofrin Library for a news conference Wednesday morning, Oct. 30. Democratic legislators are advancing the so-called “Higher Ed, Lower Debt” proposal to establish a Wisconsin Student Loan Refinancing Authority, which would allow student borrowers to refinance at lower rates. It would also provide a break on state income taxes for tuition expenses. See our photo gallery for more.

‘Press-Gazette’ coverage, ‘Journal Sentinel’ background, ‘Post-Crescent’ endorsement
Reporter Patti Zarling covered the news conference and photographer Lukas Keapproth captured a few classroom shots (physics and organic chemistry). See the Green Bay Press-Gazette article.

The proposal discussed Wednesday has been advanced at similar news conferences around the state, including one covered last week by the Milwaukee Journal Sentinel. The bill’s co-authors say the proposed state Student Loan Refinancing Authority would not use tax dollars to refinance the loans, but rather sell bonds to accomplish the refinancing in a “pay-as-you-go” fashion. Read the Journal Sentinel article for details.

In a Sunday editorial headlined “Bill would get Wisconsin student loan borrowers a better start,” the Post-Crescent of Appleton weighs in with an endorsement of the refinancing concept. Read the Post-Crescent editorial.

Legislators stump for ‘Higher Ed, Lower Debt’ bill

Legislators stump for 'High Ed, Lower Debt' bill
A pair of Democratic state lawmakers used the plaza level of the UW-Green Bay Cofrin Library as a setting for a news conference Wednesday morning, Oct. 30. State Sen. Dave Hansen (at lectern) and Rep. Eric Genrich described their support for a proposed bill that would establish a Wisconsin Student Loan Refinancing Authority to allow student borrowers to refinance at lower rates, and expand the state income tax deduction for higher education tuition expenses. Also speaking were Scott Ross of the liberal activist group One Wisconsin Now and UW-Waukesha student and military veteran Saul Newton (in photo, far left and far right, respectively). Hansen, a 1971 graduate of UW-Green Bay, is a co-author of the “Higher Ed, Lower Debt” proposal with Rep. Cory Mason (D-Racine) and Sen. Chris Larson (D-Milwaukee). He said the measure has the support of all 54 Democrats in the state Legislature.

Click thumbnails to enter slideshow view.
Legislators stump for 'Higher Ed, Lower Debt' bill, Oct. 30, 201Legislators stump for 'Higher Ed, Lower Debt' bill, Oct. 30, 201Legislators stump for 'Higher Ed, Lower Debt' bill, Oct. 30, 201Legislators stump for 'Higher Ed, Lower Debt' bill, Oct. 30, 201Legislators stump for 'Higher Ed, Lower Debt' bill, Oct. 30, 201Legislators stump for 'Higher Ed, Lower Debt' bill, Oct. 30, 201Legislators stump for 'Higher Ed, Lower Debt' bill, Oct. 30, 201Legislators stump for 'Higher Ed, Lower Debt' bill, Oct. 30, 201
– Photos by Dan Moore, Outreach and Adult Access

In the news: Rise in college costs far outpaces inflation

We know the cost of college is constantly on the minds of parents and students, and the issue has been at the forefront recently amid nationwide concerns over student debt and wrangling over loan interest rates. WLUK, Fox 11 News took an in-depth look at the college costs picture in a Tuesday (Aug. 28) report focusing on UW-Green Bay. College costs have risen much faster than the rate of inflation, the report said, due to factors that include the labor-intensive nature of higher education and competition between institutions. Reporter Mark Leland talked to assistant director of financial aid Sue Steeno, along with a prospective student and parent who recently toured UW-Green Bay. Full story.