Demand Congressional Action on Student Debt

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Students and college graduates across the country are suffocating with massive levels of debt and millions more find themselves on a similar crash course. It seems to be only a matter of time before something snaps. Student debt is driven in large part to rising college tuition rates, but this is far from the whole story. Government lending practices are out-of-date and are ripe for improvement.

CLICK HERE to make your voice heard on this issue.

The “Bank on Students” Act (S.2432) which was introduced by Senator Elizabeth Warren (D-MA) and is cosponsored by Senators Robert Menendez (D-NJ) and Cory Booker (D-NJ) would allow student debt to be refinanced at today’s rates, potentially saving thousands of dollars for borrowers. The bill came up for a vote in June, and despite receiving a majority vote, it was blocked by Senate Republicans.

Another vote on the bill is anticipated this week. We are thankful that we can count on both of our Senators from New Jersey – Robert Menendez and Cory Booker – to take the side of students on this issue. Yet it is still important to let them know that we have their backs and give them the grassroots support they need to sway their colleagues to support the bill as well.

Whether you have college debt, know someone who does, or are completely debt-free, this issue impacts all of us. We need to demand a government that invests in students rather than profits off of them. We need a system of higher education that inspires students to achieve their dreams rather than breaks their spirits and finances.

CLICK HERE to take action now.

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