University Chancellor Faces Backlash Over Student Loan Comments. In a high-stakes controversy, a prominent university leader has doubled down on her previous criticism of the interest rates charged on certain student loans. The chancellor, who has been a vocal advocate for student financial aid, sparked outrage among some lawmakers and educators when she called the interest rates on Plan 2 loans "egregious." Her comments have reignited a long-standing debate over the fairness and affordability of student loan policies, with many calling for reform to address the growing burden of student debt on young Americans. As the university faces mounting pressure to clarify its stance on the issue, the chancellor's unwavering support for her comments is likely to be closely watched by students, policymakers, and education experts alike.
She says she stands by past comments that the interest charged on Plan 2 loans is "egregious".
