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*Take Action* Reduce Interest On Student Loans - Petition


US Politics & Gov't  (tags: abuse, americans, congress, dishonesty, economy, government, interest rates, student loans )

Kit
- 297 days ago - democracyforamerica.com
On July 1st, student loan rates are set to double, which spells dire consequences for our nation's future. But it's not just students, or even young adults who suffer from this debt crisis, but the economy as a whole!



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Comments

Kit B. (276)
Saturday June 22, 2013, 6:53 am
Image from Moveon.org.


The Information is displayed clearly in large info-graphics, Petition is at the bottom. VISIT SITE

Please Sign to support a freeze or lowering of student loan rates.

Our friends over at MoveOn.org sponsored a poll done by Public Policy Polling. The results show rare bipartisan support to have student interest rates lowered!

83% of American voters polled by PPP have indicated they want to either lower student loan interest rates, or keep them at current levels. This figure splits in two direction:

◾41% of those polled expressed support for Elizabeth Warren's proposal to lower them to 0.75%

◾42% of those polled said they would prefer them to stay at current rates

The partisan breakdown saw 86% of Republicans, 84% of Democrats, and 77% of independents supporting lowering or keeping rates the same. Large majorities of voters are saying that they would be less likely to vote for their member of congress if they supported raising their rates, and a greater majority would vote to have rates lowered to 0.75% - this breaks down as 60% of Democrats, 54% of independents, and 50% of Republicans. Senator Warren's bill has the strongest support of those polled, with a 2:1 margin supporting it - this breaks down to 65% of Democrats and 56% of Republicans and independents each.

Source:Public Policy Polling

There is clear, bipartisan support for Senator Warren's bill to lower student loan rates to the same that big banks pay to borrow from the government.
http://democracyforamerica.com/blog/707-poll-83-of-american-voters-support-lowering-student-loan-rates

Another Petition that needs more support:

Give students the same interest rates on loans as the big banks

By Elizabeth Warren, U.S. Senator

http://petitions.moveon.org/sign/give-students-the-same

Please sign both Petitions - Keep the pressure on Congress! Thank you.
 

Pat B. (351)
Saturday June 22, 2013, 8:55 am
Thank you, Kit for this. Definitely signed.!!
 

JL A. (269)
Saturday June 22, 2013, 8:59 am
S&N--we shouldn't be making students pay more than their fair share on the budget
 

Sue H. (7)
Saturday June 22, 2013, 9:30 am
Noted and absolutely signed, thanks.
 

Barbara K. (87)
Saturday June 22, 2013, 9:45 am
S & N, thanks, my friend. There is no reason to double the interest on student loans. I is pure greed by the banks, they need to be stopped from doubling it. Let's see that the interest the banks pay gets doubled if they do this to the students, many unable to get jobs, has theirs doubled.
 

Angelika R. (143)
Saturday June 22, 2013, 11:04 am
Signed previously, thx Kit. To call this a shame and disaster is even understatement. With just a few days to go it does not look like success, would be a miracle if Elizabeth W could get this through with the fight for it going on for so long already..
Only real haters can come up with such nasty plans..
 

Constance F. (434)
Saturday June 22, 2013, 11:25 am
Thank you for posting. Yes, signed. What a filthy crime ~ along with the fact that tuition continues to climb at state universities and more and more working students are unable to afford the costs.
Both petitions signed
Thanks for supporting this cause!
 

Gene Jacobson (233)
Saturday June 22, 2013, 11:39 am
Signed. The republican party has simply found another way to help their big bank puppeteers make even more money at the expense of those who can least afford it. That really should be their overarching slogan as I think about it, since that is really what is behind most of their legislation. That and the war on women, minorities, the LGBT community and immigrants. There really isn't anyone republicans actually like but rich people. For whom they go to work when their constituents finally tire of them or they are caught with their hand in the cookie jar, or their pants down. Horrible excuses for human beings, the lot of them.
 

Past Member (0)
Saturday June 22, 2013, 12:55 pm
Signed and shared on FB, thanks Kit
 

Bryna Pizzo (139)
Saturday June 22, 2013, 1:28 pm
Thank you! (s, n, p, t)
 

Michael Kirkby (82)
Saturday June 22, 2013, 2:31 pm
Done
 

Dandelion G. (403)
Saturday June 22, 2013, 2:51 pm
Signed. This is disgraceful the statistics but this one particularly got me......

Students to pay 800% more interest than banks. That is worse than the loan sharks I use to hear about.

Here are a list of some Countries that offer a free Secondary Education. They believe it benefits their whole Country by doing so.

Algeria
Argentina
Bhutan
Cuba
Denmark
Egypt
Estonia
Finland
France
Greece
Italy
India
Malta
Mauritius
Morocco
Norway
Oman
Pakistan
Saudi Arabia
Spain
Sri Lanka
Trinidad and Tobago
Turkey
Barbados
Kenya
United Arab Emirates
Uruguay

Also remember, our students must also pay for their medical care while they try to repay these loans while many of these other Countries also have Universal Health Care too.
 

Kit B. (276)
Saturday June 22, 2013, 2:59 pm

Isn't about time to abandon this pursuit of privatizing education? Also isn't time to seriously consider Public banking? Our children and grandchildren are facing the alternative of no education or leave the United States.
 

Anne T. (179)
Saturday June 22, 2013, 4:41 pm
Shared :) I can't sign as I am Australian. :)
 

Vicky P. (462)
Saturday June 22, 2013, 6:08 pm
noted and signed
 

lee e. (114)
Saturday June 22, 2013, 7:17 pm
This is a very sad conspiracy devised by the GOP - there is absolutely no other reason on Earth that can explain the desire to make our future generations less educated and more profitable for the banks and the corporations! This is inexcusable and an intolerable plan of the Republican party, and really must be stopped!
 

Ros G. (87)
Saturday June 22, 2013, 8:51 pm
Thanks Kit signed with pleasure. In Australia our Universities aren't free but our payment system is a little fairer. We have HEC (Higher Education Contribution) fees but you don't start to pay them off until you are earning over 30K per year. The Government has just closed a loop-hole so for those ex-pats that leave to go overseas and work they have to pay their fees on their o/s earnings now.
 

(0)
Sunday June 23, 2013, 12:00 am
N&S. Thanks!
 

Gloria picchetti (279)
Sunday June 23, 2013, 12:51 am
Previously signed.
 

Beverly M. (85)
Sunday June 23, 2013, 1:15 am
Noted and signed ~ Thank you Kit!
 

Gene Jacobson (233)
Sunday June 23, 2013, 4:58 am
I couldn't agree more, Dandelion. I think free public education should be provided to any student who qualifies through a Bachelor's degree. I'd include all vocational and trade schools. It DOES benefit the entire country, no one can argue that. I also wouldn't object over much to a year or two of public service, not military though that could count, in a helping/caring profession of some kind at whatever capacity each is able to contribute to the overall good of society if that be emptying bedpans or conducting surveys or peace corp or working with under privileged kids - the possibilities are endless. And the results would be astonishing, not only would all young people get a feeling for what life is like in areas other than their own enclave but the country would benefit as well and they might just appreciate that education to come even more. I know I wasn't ready at 17 when I graduated high school to enter academia, I'd have partied my way right out of school, but after 2 1/2 years in the military, I'd grown up enough to know how important that education was - I had PAID for it, in my view. There are lots of ways to do this, all of them good ones.
 

Dandelion G. (403)
Sunday June 23, 2013, 5:18 am
You are correct Gene, there are many ways we could be living in such a more beneficial society for all people. The brilliant ideas are there, there are people willing and eager to carry them out, a lot of us older ones still do have a lot to offer, but right now, once out of the field it is impossible to return. Roadblocks of one sort or another.

Vocational and trade schools most certainly should be in there. Right now we have a shortage of workers in various fields yet we do not have citizens that are trained nor can afford it to fill those vacancies. So people come from other Countries and fill those positions, Countries that offer their citizens a leg up with an education that they are not forever burdened to repay for years into the future.

This has become a very harsh society no matter at what stage in life one is at. Instead of people coming together to embrace each other and solve this a trend was injected into society that it was wrong to help each other. It is a destroyer of societies and Nations when people are pitted against each other instead of seeing the common good that by helping each other they are in turn helping themselves.
 

paul m. (93)
Sunday June 23, 2013, 6:09 am

Signed,,,Tweeted,,Should be no intrest on Student loans , in fact should be no loans but a payment each month and a free book allowence with a clothing allowence ..free...( if you think I'm mad, I got this for 5 years)
 

Marilyn K. (51)
Sunday June 23, 2013, 8:54 am
In the United States where riches are rampant there should be the smallest of fees for a good education. When people are desperate and do not have the skills to earn a living they rebel. Is this what our government (who wll earn a good living at taxpayer expense) want for our future generations?
 

Kit B. (276)
Sunday June 23, 2013, 9:22 am

What made this country great was the high quality of education, not winning wars but having a well educated populace.
 

Abdessalam Diab (150)
Sunday June 23, 2013, 11:17 am
Higher education in public or state universities and institutes in Egypt is almost free for Egyptian students. Only in private schools,institutes or universities tuition applies.
Noted and signed. Thanks Kit..
 

Judy C. (106)
Sunday June 23, 2013, 3:04 pm
To add insult to injury, our colleges and universities are becoming extensions of corporations. Signed. Thanks, Kit.
 

Dave C. (204)
Sunday June 23, 2013, 3:40 pm
done, thanks.
 

Thomas P. (459)
Sunday June 23, 2013, 3:40 pm
Noted and signed...thanks Kit
 

Dandelion G. (403)
Sunday June 23, 2013, 3:54 pm
How true Judy. With acceptance of monies from the likes of the Kockroaches and others of similar mind thought, our students are being controlled to get into lockstep with their indoctrination. As with every donation to the Universities and Colleges around this Country, comes along with a hitch. In some they have a say in who is hired thereby making sure what is taught is what will most benefit their special interests. Not only do the students be indebted but they obtained the propaganda too.
 

Lois Jordan (54)
Sunday June 23, 2013, 4:23 pm
Gladly signed & noted. Many thanks, Kit.
I absolutely agree with above comments that education should be free, and get rid of those charter schools.
Also, health care should NOT be a for-profit industry.
 

Esther Z. (101)
Sunday June 23, 2013, 4:54 pm
Noted and signed. Get rid of all oil subsidies and there would be plenty of money( several billion dollars!) to keep the current rates for student loans.
Thanks, Kit.
 

Mary T. (261)
Sunday June 23, 2013, 5:58 pm
signed & noted thank you Kit...still paying off my student loan, its not fun
 

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Sunday August 18, 2013, 6:02 pm
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