May 7, 2012 - Today, Omaha Mayor Jim Suttle joined Creighton Student Body President Matthew Gillespie and UNO Student Government Vice President Shawn Addison on a conference call with President Obama regarding federally subsidized student loans. Currently at 3.4%, the interest rate is set to double to 6.8% on July 1st unless Congress intervenes.
President Obama discussed the importance of increasing access to college education to the economy and encouraged students to contact their Congressional representatives. “I thought it was important for the White House to hear directly from the students who will be affected if Congress fails to act,” said Mayor Suttle. “College education is the key to strengthening our middle class and growing our economy. In order for Omaha to continue to compete in the global job market we must ensure that college remains accessible and affordable to all.”
