To: President Donald Trump, The United States House of Representatives, and The United States Senate

Support Senator Elizabeth Warren's student loan refinancing plan

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.

Why is this important?

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.