URGENT – Tell Senators: Don't Raise Student Loan Rates

Feb 2006
12,705
1,933
California
#1
Horrible news. A Senate deal has been struck that could saddle the next generation with even more student loan debt.

A vote is imminent. We need to move fast to protest it.

Stop The Senate Student Loan Misdeal - Today's Ideas and Actions | OurFuture.org -


Instead of subsidizing low rates and investing in our children’s future, this deal would let the market set the rates.

Instead of ending the practice of government profiting off of student debt, this deal lets the government profit more.

Senators claimed to be hopping mad that the recent gridlock let rates double from 3.4% to 6.8%. But this deal sets a cap on rates at a brutally high 8.25% for undergrads and 9.5% for graduate students.

Stop The Senate Student Loan Misdeal - Today's Ideas and Actions | OurFuture.org -

The vote is coming soon. This will be hard to stop. But we have to make it clear this deal is not acceptable to students and families across the country.

Tell your senator to vote against the deal and pass a one-year extension of the 3.4% rate instead. That will give the Senate time to get serious about making college affordable.

We need your voice now.

Stop The Senate Student Loan Misdeal - Today's Ideas and Actions | OurFuture.org -