Thursday, May 16, 2013
I just signed this -- will you?
The interest rates on federal student loans will double this July if Congress doesn't take action. Fortunately, Senator Elizabeth Warren has introduced legislation that would provide a one-year fix to the impending doubling of students' rate by setting the student loan interest rate at the same level the Federal Reserve offers to big banks. Senator Warren's legislation is powerful and to the point. We bailed out the big banks. Why then deny students who weren't responsible for wrecking our economy the same deal we give the banks? I just signed a petition urging my senator to co-sponsor Senator Warren's student loans bill. I hope you will do the same. http://act.credoaction.com/sign/warren_bankonstudents/?sp_ref=.4.111.e.0.2&referrer_akid=7932.2988458.Gdscu_&source=mailto_sp