News Conference: Supporting Students, Not Banks

Leaders of a major education coalition on March 26 released a report, "Obama's Budget: Supporting Students, Not Banks," [1] that outlined how much additional college financial aid students will receive in each state under President Obama's proposed fiscal 2010 budget. The budget increases direct student aid while cutting subsidies to banks that market student loans.

This news teleconference features Robert Brandon, the director of the Campaign for College Affordability; Robert Borosage, the co-director of the Institute for America's Future; Christine Lindstrom, director of the U.S. PIRG Higher Education Program; Bill Scheibler, national field director of the United States Student Association; and Hilary Shelton, director of the NAACP Washington Bureau.

The report was co-written by the Institute for America's Future and U.S. PIRG.