Mayor Partners With VCU & VUU Student Presidents In Asking Congress to Prevent College Loan Interest Rates From Doubling
Mayor Dwight C. Jones and Student Government Association (SGA) Presidents from Virginia Commonwealth University (VCU) Monroe Park Campus and Virginia Union University (VUU) joined a conference call today that was hosted by President Barack Obama to encourage Congress to prevent college loan rates from doubling. During the national call, the President encouraged students and public officials to request Congressional action to prevent student loan rates from doubling for more than 7.4 million students, adding an average of $1000 to their debt. The U.S. Senate is scheduled to vote on college interest loan rates on May 8. Students participating on the President's call were asked to spread the word by using social media and the hashtag #DontDoubleMyRate to encourage Congress to act. "We need to do everything we can to put higher education within reach of every resident," said Mayor Jones. "Higher education cannot be a luxury that is obtainable by only a small few. Access ...