Loans are tough on all students

Jul 10, 2013 by

WASHINGTON (AP) — Black lawmakers on Tuesday urged President Barack Obama to do something about changes to a college loan program that they say make it tougher for students at historically black schools to finance their education.

Members of the Congressional Black Caucus met with the president and later said the PLUS loan was the first topic they discussed. Rep. Marcia Fudge, D-Ohio, the chair of the black caucus, said Obama assured them that he would address their concerns for students at historically black colleges and universities, or HBCUs.

‘‘He knows it’s a major issue and how it has affected not only HBCUs but children of poor parents or who live in poor communities more than any other group of people. So he’s very clear and aware of what the issue is and he’s very receptive in trying to get a solution to the problem,’’ Fudge said.

Fudge said she expects to hear from the Education Department on the matter in about a week.

via Lawmakers say loan changes tough on black students – Education –

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