News Releases

News Release | NJPIRG | Higher Ed

Senate Fails to Delay Interest Rate Hike That Threatens College Affordability, Would Lead to 20% Increases in Cost of College Next Year

In the wake of a failed Senate vote, the New Jersey Public Interest Research Group (NJPIRG) released a joint report on the looming threat of a major hike in the federal student loan interest rate. If Congress fails to act by July 1, the interest rate for Direct Subsidized Stafford Loan will double, rising to 6.8 percent. 7.4 million American students will see the interest rates on their student loans double, effectively raising the average cost of college by over $1,000 for millions of students and their families.

News Release | NJPIRG | Tax

Offshore Tax Havens Cost Average New Jersey Taxpayer $668 a Year, Each New Jersey Small Business $2,116, New Study Finds

With tax day approaching, a new study released by NJPIRG found that the average New Jersey taxpayer in 2011 would have to shoulder an extra $668 tax burden to make up for revenue lost from corporations and wealthy individuals shifting income to offshore tax havens. The report, Picking Up The Tab: Average Citizens and Small Businesses Pay the Price for Offshore Tax Havens, additionally found that to cover the cost of the corporate abuse of tax havens in 2011, small businesses in New Jersey would have to foot a bill of over $2,116 on average. 

News Release | NJPIRG Law and Policy Center | Transportation

New Report: Long-Term Drop in How Much People Drive, Youth Desire More Transportation Options

A new report released today by the NJPIRG Law and Policy Center demonstrates that Americans have been driving less since the middle of last decade. The report, Transportation and the New Generation: Why Young People are Driving Less and What it Means for Transportation Policy, shows that young people in particular are decreasing the amount they drive and increasing their use of transportation alternatives.

News Release | NJPIRG Law and Policy Center | Democracy, Tax

Thirty Companies Contribute $41 Million to 524 Members of Congress, Receive $10.6 Billion in Tax Rebates

A new report released Wednesday, March 21 by NJPIRG Law and Policy Center and Citizens for Tax Justice (CTJ) found that thirty unusually aggressive tax dodging corporations have made campaign contributions to 524 (98 percent) sitting members of Congress, and disproportionately to the leadership of both parties and to key committee members. 

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