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There's a countdown to an ominous deadline for college students across America. When time runs out on July 1, 2012, student loan interest rates will double for almost 8 million students.
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.
Big news.
Today Facebook settled a privacy complaint with the Federal Trade Commission. The FTC says Facebook "deceived consumers by telling them they could keep their information on Facebook private, and then repeatedly allowing it to be shared and made public." Read the FTC's full statement here.
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Campaign Updates
Thanks for being part of INPIRG and helping make 2011 such a success.
Check out some of our highlights from the year.
Our campaigns have been working hard this semester to achieve their goals, and they have some exciting events coming up in the next few weeks.
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