Americans recognized the importance of higher education to create a healthy middle class and compete.
That education will allow Americans to compete in a Global Economy and we're losing the battle because of student loan debt, impoverishing the future of Americans.
Senator Mitch McConnell [R-KY] is working to obstruct relief.
You can speak for the future by signing the petitions below.
American students and graduates are struggling to keep their heads above water with their student loan debt. This week President Obama threw them a life preserver— he signed an executive order limiting the percentage of monthly income students repay, and he endorsed Senator Warren’s bill to allow students to refinance their debts at lower interest rates.
Here at American Family Voices, we believe that a good
education is foundational to economic prosperity. That’s why we are asking you
to sign our
petition in support of Senator Warren’s bill. You see, the
skyrocketing student debt burden is taking an enormous toll on our economy. In
just one example, this week the New York Federal Reserve released a study
correlating high student debt with lower likelihood of homeownership… so low the
New York Times characterized the situation as such, “Among people around 30
years old, homeownership was plunging fastest for student debtors.”
Student borrowers face this tough economic reality as
the result of Republican cuts to student aid and moves by the finance industry
to maximize their profits. Students who were already treading water or drowning
in debt are now swimming with sharks. Sign our petition to help us put an end to
student loan-sharking.
In the meantime, watch out when you go into the water—
it’s dangerous out there...
Safe swimming,
Mike Lux,
President
American Family Voices
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