Petition statement to be delivered to President Barack Obama

WHITE HOUSE PETITION: support Elizabeth Warren's bill to give student loans same interest rate banks get from Federal Reserve: 0.75%

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WHITE HOUSE PETITION: support Elizabeth Warren's bill to give student loans same interest rate banks get from Federal Reserve: 0.75%

To be delivered to President Barack Obama

Petition Statement

With some student loan rates set to double on July 1 -- from 3.4 percent to 6.8 percent -- Warren's bill would reduce student loan interest rates to 0.75 percent, opening the Fed's discount window to students.

This should be done to all existing student loans as well as new ones going forward.

This would free up money that would flow back into the economy in consumer buying, including things like first time home-buying.

Wall Street banks are getting those low rates to help them recover from the consequences of their own irresponsible and fraudulent behavior that crashed America's and the world's economy.

The only crime of most college students and graduates is wanting an education and a middle class standard of living.

We deserve at least as good a deal as big banks are getting.

We urge you to active support in every way possible Elizabeth Warren's bill to give students the 0.75% interest rate banks are getting.
There are currently 7 signatures. We need 50 signatures!

Petition Background

If 100,000 people sign the petition DIRECTLY ON THE WHITE HOUSE WEBSITE at http://wh.gov/JNiU, they MUST respond. Sign this petition through Moveon.org as well so as many people as possible see it (and the president gets another petition).

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