Petition statement to be delivered to The United States House of Representatives, The United States Senate, and President Barack Obama

Support Senator Elizabeth Warren's student loan refinancing plan

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Support Senator Elizabeth Warren's student loan refinancing plan

To be delivered to The United States House of Representatives, The United States Senate, and President Barack Obama

Petition Statement

Support Senator Elizabeth Warren's "Bank on Students Emergency Loan Refinancing Act" to unshackle about 40 million Americans whose student loan debt exceeds the total amount of credit card debt for the first time in our nation's history.

Many borrowers with outstanding student loans have interest rates of nearly 7 percent or higher for undergraduate loans, while students taking out new undergraduate loans pay a rate of 3.86 percent under the Bipartisan Student Loan Certainty Act passed by Congress last summer.

The Bank on Students Emergency Loan Refinancing Act would allow students and graduates to pay back outstanding loans at the same rates that Senate Republicans overwhelmingly embraced just last summer as appropriate for new borrowers.

Let's rebuild the American Dream instead of burying our best and brightest young minds in debt slavery.
There are currently 226 signatures. NEW goal - We need 300 signatures!

Petition Background

We must rebuild the American Dream instead of burying our best and brightest young minds in debt slavery. About 40 million Americans whose student loan debt exceeds the total amount of credit card debt for the first time in our nation's history. Senator Elizabeth Warren's student loan refinancing plan makes sense for our future.

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