State Treasurer Fitzgerald Hosts College Student Body Representatives for Phone Call With President Obama

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DES MOINES, IA (05/08/2012)(readMedia)-- State Treasurer Michael L. Fitzgerald hosted five Iowa College Student Body Representatives in his office to join a call with President Obama regarding the potential interest rate hike for student loans. Public officials and students across the country joined together to support the President in his efforts to keep the student loan interest rates from doubling on July 1st.

Treasurer Fitzgerald invited student leaders from colleges across Iowa to participate in the discussion. The following students were able to join him on the call: Justin Meyers, Grand View University in Des Moines; Greg Ellingson, Central College in Pella; Jordan Bancroft-Smithe, the University of Northern Iowa in Cedar Falls; Jared Knight, Iowa State University in Ames; and David Karaz, Drake University in Des Moines.

"It is great to have students actively involved in this conversation," Fitzgerald stated after the call. "Students need to use their voices to encourage their Congress Members to act. I am proud to have such high quality students here in Iowa representing all Iowa students."

President Obama urged the students on the call to get involved and ask Congress to act. "I need your help," the President explained.

"Iowa State students graduate with an average of $30,000 in student loans. Doubling the interest rates means student will pay an additional $6,000 in interest payments – equal to a year of rent, a used car, or almost a year of tuition." - Jared Knight, Student Body President, Iowa State University

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