Tuesday, May 28, 2013
Student Loans - Penalizing the Young, Destroying Opportunity
As you're well aware, the topic of student loan debt has been in the news lately. With the interest rate on federal subsidized Stafford loans set to double on July 1st, a number of bills have been introduced in Congress to address this ever-growing crisis. Even if you're not personally going to be affected by the looming interest rate hike, it's important that we stand in solidarity with current and future students in making sure that interest rates on student loans remain low.
As such, I wanted to make sure that you saw the following email that was sent out today by our friends at Young Invincibles. They put together a new video and provided instructions on how to make some noise to make sure that lawmakers in Washington hear our voices. Please take a few minutes of your time to watch the video and to help spead the word about their efforts to keep interest rates low!
Thank you, as always, for your continued support.
Sincerely,
Rob, Kyle, Natalia, Aaron & The Student Debt Crisis team!
The weather isn’t the only thing getting hot for summertime; the battle for college affordability is heating up and Young Invincibles wants to make sure Congress listens to our generation’s voice.
In case you haven’t heard...
Some members of Congress want to charge students even more to borrow money for college. The government already earns $51 billion in profit on student loans.To put that in perspective, Uncle Sam rakes in more off students than Apple or Exxon Mobil earned in all of 2012 – that’s a lot of iPhones.
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